HACKENSACK, N.J.–(BUSINESS WIRE)–Nov. 12, 2003–Global Investment Systems Ltd. (GIS), a global supplier of specialized accounting software for the securities industry, today announced theappointment of Mary Pizzichino as Director of U.S. Sales and Marketing. In this position, Ms. Pizzichino will be […]

FOSTER CITY, Calif.–(BUSINESS WIRE)–Nov. 12, 2003– Aggregation of Financial Services and Networking Companies in Chicago Internet Hub Enable Streamlined and Cost-Effective Connectivity Equinix, Inc. (Nasdaq:EQIX), the leading provider of network-neutral data centers and Internet exchange services, today announced that First […]

–(BUSINESS WIRE)– Panel Discussion on the Impact of Economic Reforms – Industry Experts Outline the Legal, Trade, Investment, Urban Planning and Architectural Challenges Facing the New China <pre><br>DATE: Thursday, November 13th, 2003<br><br>TIME: Registration and continental breakfast 8:00 – 8:30am.<br> Presentations […]

DENVER (AP) – Janus Capital Group Inc., already under scrutiny by state and federal regulators for improper mutual fund trading, said Wednesday it also has been asked to submit information to theNational Association of Securities Dealers as part of a […]

COLORADO SPRINGS, CO — (MARKET WIRE) — 11/12/2003 — Maximum Dynamics, Inc. (OTC BB: MXDY), a financial services company that supports the financial community with back office fund administrationand client side support, announced today that it has signed an agreement […]

Alliance Capital Management has requested the resignations of two senior executives because they failed to prevent improper trading in its mutual funds. The two executives John Carifa, president and chief operating officer of Alliance, and Michael Laughlin, chairman of its […]

HEAVY HEDGE fund selling left Dixons rooted to the top of the FTSE 100’s fallers list yesterday. According to market gossip a downgrade by a major broker is on the cards before the end of the weekand a select number […]

PENSION FUNDS and institutional investors have dramatically increased their holdings in hedge funds in the past two years, according to a report by Goldman Sachs and Russell Investment. Allocationsto hedge funds more than doubled in Europe and Japan. The biennial […]

NEW YORK (AP) – Mutual fund shareholders are poised to become richer – at least when it comes to information. Though it took some time for regulators to come around, it appears investors will finally be getting more frequent disclosure […]

Nov. 12–As state and federal investigators look into alleged improper trading at Strong Capital Management, data from mutual fund tracker Lipper raises new questions about two of the firm’s funds. According to Lipper, investors have cycled millions of dollars in […]

LONDON & NEW YORK–(BUSINESS WIRE)–Nov. 11, 2003–Russell Investment Group: — Commitment to private equity and real estate remains high among institutions worldwide as they increase strategic allocations and commitments to hedge funds — Comprehensive study tracks 11 years of institutional […]

Nov. 11–A Central Florida securities brokerage has become one of the first stock firms in the country to acknowledge that some of its employees were involved in after-hours trading of mutual funds,an illegal practice at the heart of a nationwide […]