Nov. 9–EBI UPS EMIRATISATION TARGET: Emirates Bank International to invest USD3 million in recruitment and training of UAE nationals over the next five years to reach a 40 per cent emiratisationlevel as soon as possible, said a statement. So far […]

Nov. 9–Richard Strong always has known how to make money in the investment business. He built a built a personal fortune estimated at $800 million and a financial company with $42 billion in assets largely by doing what hundreds of […]

Nov. 9–For decades, the Stern family name has signified fabulous wealth, extensive real estate developments, and the transformation of neglected industrial wasteland into gold on the Jersey Citywaterfront and in the Meadowlands. Through their Secaucus-based development arm, Hartz Mountain Industries, […]

There were plenty of fireworks in the night sky last week, but sparks were also flying in the financial markets, as November began with the FTSE 100 rallying to its highest close for 14 months. To no surprise, the Bank […]

Is the era of paper assets, such as shares and bonds, over for now? Are we moving back to a period when it will be things you can touch and feel, such as commodities, that deliver the best returns?This seems […]

MAN GROUP posted a 38 per cent rise in underlying profits yesterday as funds under management at the blue chip hedge fund rose more than a fifth to $31.5bn in the six months to 30 September. Pre- taxprofits before exceptionals […]

Booming hedge fund sales have helped Man Group post a better than expected 38% rise in core profits for the first half of the financial year. Profits before tax, goodwill, amortisation and exceptionals rose to pounds 190.5m from pounds 138m […]

Nov. 7–Denver-based Invesco Funds Group may be next on New York Attorney General Eliot Spitzer’s anvil to be pounded for alleged trading abuses. If the hammer is coming down, the fund group said it hasn’t heard anything, other than from […]

BALTIMORE, Nov. 7, 2003 (PRIMEZONE) — Law Offices Of Charles J. Piven, P.A. announces that a class action lawsuit has been filed in the United States District Court for the Western District ofPennsylvania on behalf of all purchasers of the […]

Tokyo, Nov. 7 (Jiji Press)–Tokyo stocks are likely to move narrowly next week, with investors keeping close tabs on the outcome of Sunday’s general election and the release of key Japanese economicindicators. “The benchmark Nikkei average is expected to move […]

Mark Corcoran, CFA, will draw upon his ten years in the industry to manage the Brookridge Small Cap Opportunities Fund that launched this past September, 2003. Mr. Corcoran formerly served asFundamental Research Group Leader, Supervisory Analyst and Senior Technology Analyst […]

Tokyo, Nov. 7 (Jiji Press)–Stocks wiped out their earlier losses and finished higher on the Tokyo Stock Exchange Friday, with the benchmark Nikkei average posting the first rise in three sessions. But the market lacked a clear direction as a […]