Category Archives: HedgeCo News
NEWSWEEK: Mutual Fund Manager Gary Pilgrim Made 49 Percent a Year on His Stake in PBHG Growth Fund While Fund Investors Lost 45 Percent a Year
<body.content> <block> <p>NEW YORK, Nov. 30 /PRNewswire/ — The case of fund manager Gary Pilgrim is perhaps the most startling example of alleged abuse of investors to come out ofthe mutual-fund scandal, reports Wall Street Editor Allan Sloan in the […]
Critics question merits of economic development legislation Bill would expand program that hasn’t done much to boost
Critics question merits of economic development legislation Bill would expand program that hasn’t done much to boost high- tech investment in Wisconsin By BRUCE MURPHY [email protected], Journal Sentinel Saturday, November 29, 2003 At the heart of the current discussion about […]
18 states reject Wisconsin’s venture capital program
18 states reject Wisconsin’s venture capital program By BRUCE MURPHY [email protected], Journal Sentinel Saturday, November 29, 2003 Wisconsin’s venture capital program, which funnels state subsidies to a short list of certified capital companies (CAPCOs), was rejected by 18 states, according […]
Germans approve sale of hedge funds in nation
Germans approve sale of hedge funds in nation From Associated Press, Bloomberg News and New York Times reports Saturday, November 29, 2003 The German parliament’s upper house gave final approval Friday to a bill that will allow hedge funds to […]
t’s a game of no quarter: Notebook The big battles are off the pitch: A new seam
Picture the scene. The chief executive and finance director of Manchester United – men who could claim to hold two of the best jobs in English football – catch a flight to the US. Malcolm Glazer, thebuccaneer from Tampa Bay […]
AIB ends week higher thanks to positive analyst comment ; Settlement Day: December 3rd
It was a flat day in Dublin yesterday, with thin post- Thanksgiving trade in the US offering little in the way of inspiration to any European market. AlB managed to end the week on a high note after attracting some […]
Man Utd at three-year high as bid speculation hits fever pitch
SHARES IN Manchester United rose to a three-year high yesterday on renewed speculation that the Premier League football club was about to receive a takeover bid after an investor snapped up a majorchunk of shares. The investor is widely believed […]
Mystery stake buyer sends Man U to new heights
SHARES in Manchester United soared to a three-year high today after a mystery buyer landed a 4.5% stake in the Premiership club for 31.5 million. The acquisition of the stake, 11.88 million shares at 265p each, is the latest turn […]
The new look FSA takes a swing at bear raiders
DODGY traders beware. The Financial Services Authority is finally showing signs of sharpening up its act. After years of criticism that the City watchdog failed to act swiftly enough to stamp out market abuse it was accused by angry MPs […]
Telewest revamp racks up pounds 100m fees bill
Advisers and bankers to the debt-laden cable business, Telewest, will receive a pounds 100m bonanza in fees when bondholders take over the company in return for forgiving pounds 4bn of debt. Telewest yesterday applied to the American regulator, the securities […]
Foreigners Turn Net Sellers of Japanese Stocks Last Week
Tokyo, Nov. 28 (Jiji Press)–Foreign investors turned net sellers of Japanese stocks last week for the first time in four weeks, according to data released by the Tokyo Stock Exchange Friday. Nonresidents’ net selling came to 5,446 million yen in […]
LEAD Euro soars to record high against dollar in London, NY+
NEW YORK, Nov. 28 (Kyodo) — (EDS: CHANGING DATELINE & UPDATING WITH N.Y. TRADING) The euro soared to an all-time high against the dollar on Friday in New York, temporarily climbing to $1.2013, in reaction to a similar trend in […]