Category Archives: HedgeCo News

Winslow Green Growth Fund Among Small-Cap Growth Leaders Again

BOSTON–(BUSINESS WIRE)–Oct. 8, 2003–Winslow Management Company announced today that the Winslow Green Growth Fund (WGGFX) finished the third quarter of 2003 with a year-to-date return of 80.56%,including a gain of 18.12% for the quarter. In comparison, the 477 small-cap growth […]

Maximum Dynamics, Inc. Builds Sales and Support Infrastructure

Maximum Dynamics, Inc. (OTC BB: MXDY), a financial services company that supports the financial community with back office fund administration and client side support, announced today that it has begun building out its sales and support infrastructure. “With our subsidiary, […]

Some managers had already avoided beleaguered funds

Flagging performance. Sales-oriented culture. A history of run-ins with regulators. All three had already soured some of the nation’s largest financial planners and advisers from funds tainted by the mutual fund trading scandal. Many are telling investors still in the […]

Headhunter, not Cahill, will find pension chief

A professional “headhunter” will be handed the task of finding a new chief for the state’s pension fund, its overseers decided yesterday, firmly shutting the door on state Treasurer Tim Cahill makingthe pick himself. Cahill’s candidate for the job withdrew […]

Quattrone’s lawyers grill key witness

NEW YORK — Credit Suisse First Boston lawyers took more than two weeks to order staff to preserve documents under grand jury subpoena, a key government witness conceded Tuesday in the obstruction ofjustice trial of former highflying Internet banker Frank […]

Business In Brief

BRA permitting research center The Boston Redevelopment Authority yesterday approved the Blackfan Research Center, a 575,000-square-foot biomedical building planned for the Longwood Medical Area. The $120 million project is being built by Lyme Properties. It is expected to generate 400 […]

Bank of America to repay fund holders

Bank of America on Tuesday promised to reimburse additional mutual fund shareholders and beef up efforts to tackle internal problems related to improper fund trading practices. Following a rapidly expanding government probe, the USA’s largest consumer bank said it has […]

Scramble for ManU as bid rumours fly

SHARES in Manchester United raced ahead a further 123/4p to 2473/ 4p as punters scrambled to get aboard on hopes that American football tycoon Malcolm Glazer will launch a bid, writes Justin Harper. He was in the market again and […]

Bank of America to Repay Fund Investors

Oct. 8–Bank of America Corp. on Tuesday broadened its promise to reimburse mutual fund shareholders hurt by questionable trading practices under investigation by New York Attorney General EliotSpitzer. Less than a month after the Charlotte bank said it would compensate […]

A lucky let-off for ITV duo

BROADCASTING has moved a long way since the late Lord Thomson of Fleet remarked more than 40 years ago that a stake in commercial TV is the ‘equivalent of having a licence to print money’. Granada boss Charles Allen and […]

Bank of America to Reimburse Investors in Cases Involving Hedge Fund

Oct. 8–Bank of America, which is accused of helping a large hedge fund make illegal late trades in mutual funds, will reimburse investors outside the bank’s Nations Funds who lost money because ofthe practice. But the amount they will receive […]

Granada and Carlton pick up more positive signals ; Market Report

FURTHER heavy turnover was recorded in ITV merger twins Granada and Carlton Communications today as a clutch of City brokers gave the thumbs-up to the Government’s decision to allow the 4 billiondeal to proceed. Granada rose 23/4p to 115p as […]