Category Archives: HedgeCo News

Mutual Fund Investors Urged to Stick to Basics

Sep. 29–CHAMPAIGN, Ill.– Investors choosing mutual funds often look too much at past performance and not enough at fundamentals, a nationally known expert on mutual funds says. Don Phillips, managing director of the Morningstar mutual funds rating service, said that’s […]

Emerson Poynter LLP Announces Shareholder Class Action Against Bank of America Corp. Defendants and Canary on Behalf of Purchasers of Certain Nations Funds — PHBAX, NTBBX, NTBCX, NATAX

HOUSTON, Sept. 29, 2003 (PRIMEZONE) — Emerson Poynter LLP, a securities class action trial law firm, announced today that a class action lawsuit has been filed in United States District Court forthe Northern District of California, case number 03-CV-6957, on […]

EU-style economy for E. Asia?

As East Asian nations work in earnest for regional trade arrangements, financial co-operation in the area has begun moving quietly onto the agendas of experts, financial technocrats and regionalpoliticians. On their minds is the building of a framework that might […]

SEC will consider tightening oversight of hedge funds, chairman

WASHINGTON (AP) — The Securities and Exchange Commission will consider tightening oversight of the high-risk, largely unregulated $600 billion hedge fund industry, the head of the agency saidMonday. Following an investigation of the industry — which traditionally has offered investments […]

SEC May Tighten Oversight of Hedge Funds

WASHINGTON (AP) – The Securities and Exchange Commission will consider tightening oversight of the high-risk, largely unregulated $600 billion hedge fund industry, the head of the agency said Monday. Following an investigation of the industry – which traditionally has offered […]

Web Reporting Made Available in World’s Largest Domicile of Hedge Funds

<body.content> <block> <p>HAUPPAUGE, N.Y., Sept. 29 /PRNewswire/ — CorrectNet, the leading provider of web reporting solutions to asset managers, launched its Cayman data centerthrough Brac Informatics in response to client demands. As stated in the article ‘A New Wave’ in […]

TradeTek Selects TNS to Provide Co-Location Hosting and Network Connectivity

NEEDHAM, Mass.–(BUSINESS WIRE)–Sept. 29, 2003– Extranet Integration Supports Complete Spectrum of TradeTek Service Bureau Offerings in a Secure and Redundant Environment TradeTek, LTD., an independent provider of real time market data and direct access trading technology, announced today an agreement […]

Emerson Poynter LLP Announces Class Action Lawsuit Against Strong Financial Corporation Defendants and Canary on Behalf of Purchasers of Certain Strong Funds — STMXX, SCSAX, SLGAX, SUEAX

HOUSTON, Sept. 28, 2003 (PRIMEZONE) — Emerson Poynter LLP, a securities class action trial law firm, announced today that a class action lawsuit has been filed in United States District Court forthe Southern District of NewYork, case number 03-CV-7438, on […]

Emerson Poynter LLP Announces Class Action Lawsuit Against Strong Financial Corporation Defendants and Canary on Behalf of Purchasers of Certain Strong Funds — NGVAX, NGVTX, NGVSX, NGOVX

HOUSTON, Sept. 28, 2003 (PRIMEZONE) — Emerson Poynter LLP, a securities class action trial law firm, announced today that a class action lawsuit has been filed in United States District Court forthe Northern District of California, case number 03-CV-6957, on […]

Bubble fears as metal prices rise

A SURGE in the price of basic commodities like copper, nickel and alumina on predictions of a global economic recovery has sent resource company prices soaring – so much so that a little-knowncompany like Antofagasta, owner of a couple of […]

EdVest has a cozy deal with the state

Avrum D. Lank EdVest has a cozy deal with the state By AVRUM D. LANK of the Journal Sentinel staff Sunday, September 28, 2003 The financial relationship developed by the state of Wisconsin and Strong Capital Management Inc. of Menomonee […]

The Miami Herald Money Matters Column

Sep. 28–Eliot Spitzer’s office confirmed to me last week that its investigation into mutual funds is not over. He’s already looking into Janus, Strong, Bank of America’s Nations funds and Bank One. At the same time, Putnam is the subject […]