Posted by admin on July 17th, 2008
The Securities Law Firm of Klayman & Toskes, P.A. said today that several states paid a surprise visit to Wachovia’s (NYSE:WB) St. Louis Headquarters seeking to conduct interviews and obtain documents regarding the Brokerage Firm’s sales and marketing practices of Auction Rate Securities. All of the state regulators are members of the North American Securities [...]
Posted by admin on May 27th, 2008
State Comptroller Thomas DiNapoli has hired a hedge fund consulting firm to examine part of the state pension fund’s portfolio during the next three years.
DiNapoli, the trustee of the $154.5 billion state retirement fund, said he has retained New York City-based Aksia LLC for investment advice. The firm will focus on the “absolute return” part [...]
Posted by admin on May 17th, 2008
The addition of new real estate investment products and property funds that developers are lining up are expected to exacerbate the talent crunch in real estate.
“The sector is currently hiring for front-office, back-office and operational roles. The levels are comparable to the first wave of aggressive hiring witnessed in the late nineties. We have seen [...]
Posted by admin on May 12th, 2008
Since the signing of a comprehensive peace agreement in March 2007, C?te d’Ivoire has been healing the wounds of a civil war that divided the country for more than four years. Major challenges remain in reconciling different political and ethnic groups and in reviving the confidence of a vibrant business sector that once made the [...]
Posted by admin on April 27th, 2008
It seems that British investors are uncomfortable about asking for financial advice investment products from stocks and shares to asking for overseas property investment advice. A report from independent financial product researchers Defaqto, the Retirement Savings and Income Report, shows that consumers in the UK prefer to consult friends and family, Investment Company or [...]
Posted by admin on April 25th, 2008
The UK money market was the popular sector for Fidelity FundsNetwork Sipp investors over the last tax year. Investment Company Its end of tax year figures show Sipp investors have flocked toward cash and low risk funds.
Specialist, UK all companies, Investment Company and equity income fund sectors followed suit among the most favoured [...]
Posted by admin on April 25th, 2008
FundQuest, Investment Company a provider of turnkey managed account solutions, launched nine mutual funds as part of their new ActivePassive Funds family. These funds combine active and passive investment strategies within a single portfolio and are now available through Fidelity, Pershing and TD Ameritrade. The ActivePassive Funds will soon launch with Schwab and a [...]
Posted by admin on April 22nd, 2008
Century Investments Public Ltd. reported a higher full year pretax profit and revenue, and said it is contemplating the sale of some of its operating properties to take advantage of the demand for quality income generating properties from foreign investors.
The Ukraine-based real estate company said it is also exploring forward sales of projects and debt [...]
Posted by admin on April 18th, 2008
Once again, the heavens are open and it is raining IPOs in Kenya. Little is understood about IPOs in Kenya except that they “make money” and that share allocations are handed out in measly doses by mean investment banks.
Even much less understood is the concept of investment banks which most of us cannot differentiate from [...]
Posted by admin on April 14th, 2008
Fidelity International is planning to cut staff and crimp costs despite steady investment performances, as UK fund managers batten down the hatches in expectation of tougher times brought on by the credit crunch.
Fidelity said this morning it was looking “across the business” at making savings, which may or may not include redundancies or choosing not [...]
