Charities Miss Out On 750M Investment Profit A Year

Good causes are missing out on ï¿¡750m a year because charities are not managing their vast endowments properly, Investment Opportunity a report by the Institute for Philanthropy has shown.
A survey of 277 charities, including the Wellcome Trust and the Joseph Rowntree Foundation, found that trustees with responsibility for ï¿¡56bn routinely consider investment issues “off the [...]

Fundquest Announces Launch Of New Activepassive

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 [...]

Alpharetta’s Housing Among Top Investments, Business Mag. Says

Alpharetta ranks among the nation’s top six markets where housing prices are expected to drop the least over the next year, according to a new report in CNNMoney.com.
The simple law of supply and demand contributes to the relative stability of home prices in Alpharetta, the report says.
“Frenzied home building here has stalled Investment Management, [...]

Bmw China Venture Plans To Nearly Triple Capacity

BMW’s China venture plans to nearly triple capacity by 2012, a senior executive said on Sunday.
BMW’s joint venture, which currently makes 35,000 units per year Investment Management, plans to produce 100,000 annually within four years, said Qi Yumin, chairman of Brilliance Auto, the state parent of the Hong Kong listed unit, Brilliance China Automotive [...]

Eletros’ Barbato Says Brazil Rate Increase May Hurt Investment

Humberto Barbato, president of Brazil’s Electrical and Electronics Industry Association, said a decision by the Brazilian central bank yesterday to increase the country’s benchmark interest rate may hurt investment.
He spoke today in an interview in Brasilia Investment Management. The Association is known as Eletros.
On interest rate increase:
“I really regret the decision. I think the [...]

Just The Tool For Nz’s Fluctuating Productivity

New Zealand has a challenge. Currently we sit among the bottom 25% of all OECD countries for productivity.
The common reaction to low productivity is to work more hours. New Zealand has embraced this concept and we now work some of the longest hours in the developed world. The result however is not increased productivity, rather [...]

Isa Sales Plunge To Record Low As The Credit Crunch Bites

Isa Sales Plunge To Record Low As The Credit Crunch BitesSales of tax-free individual savings accounts (ISAs) for the 2007-08 tax year are expected to be the worst on record, as fears over the credit crunch and the precarious nature of the economy take their toll.
Desperate attempts by fund managers and independent financial advisers to [...]

Fidelity To Axe Jobs In Cost Cuts

Fidelity would not confirm the scale of the redunancies but the Financial Times reports a cull of up to 170 jobs.
The newspaper says the redunancies will mostly hit the support services and marketing departments.  Investment Banking It says the cull will include 100 redundancies and Fidelity will not refill positions as they become vacant.
A spokesman [...]

Credit Crunch Forces Fidelity To Consider Cuts

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 [...]

Womens Expo Grows Each Year, Showcases Whats New

Investment Management A large crowd gathered at the Circle of Life Spa booth Saturday for the sixth annual Nevada Women’s Expo, as they waited for a soothing and free chair massage.
While they waited, they were handed information on flotation, mineral body wraps and other services offered by the Reno business whose customers seek to inject [...]