Tag Archives: glee

AIG share crash means more pain for top U.S. funds

Reuters – Fidelity Investments’ Harry Lange, manager of its one-time star Magellan fund, made what now looks like a poorly timed move in June: he nearly doubled his holdings of AIG. Lange, who has already seen other financial bets sour, […]

Korea’s No. 1 Money Manager Says Genghis Khan Model for Funds

Bloomberg – Days after a March negotiating session to buy San Francisco’s Citicorp Center building for $370 million, Park Hyeon Joo is in the air on a Korean Air flight bound for Seoul, sipping a glass of red wine. He’s […]

Legendary investor Templeton dies

Reuters- John Templeton, a pioneering mutual fund manager, global investor and billionaire philanthropist, died of pneumonia in a hospital in the Bahamas on Tuesday, a spokeswoman at his foundation said. He was 95. Templeton, who started his career on Wall […]