European funds woo U.S. investors
Saturday, March 15th, 2008The turmoil in the U.S. equity markets is driving more Americans to park their money in mutual funds that invest overseas. via Reuters Video
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Archive for March, 2008
Burns: Ways to save on a rollover
Saturday, March 15th, 2008Q: We are rolling over my wife’s $160,000 lump sum for retirement into a managed account with our bank. via Houston Chronicle
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Investors can vote on Sudan, environment on proxy ballots
Friday, March 14th, 2008“If it is a cause, it’s a cause of protecting our portfolio and maximizing our returns”
Discussions of the bloodshed in Darfur or issues like climate change make regular appearances in the world of politics but lately investors might notice that these issues have wedged their way into often dry … via Boston.com
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Argentina: Glaciers may be shrinking
Friday, March 14th, 2008Scientists warn that glaciers in Patagonia are shrinking, and could disappear by the end of the century. via Reuters Video
Fidelity Announces Dividends in Two Schemes - Fidelity Equity Fund and Fidelity Tax Advantage Fund
Friday, March 14th, 2008Fidelity Fund Management has announced dividends in the Fidelity Equity Fund and the Fidelity Tax Advantage Fund. via AndhraNews
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All Business:Spitzer Gone,reforms Remain
Friday, March 14th, 2008“He took apart a closed circle that lived on favors and back-scratching”
Investors everywhere are better off today because of Eliot Spitzer. That may be hard to see now amid the news that the so-called moral crusader was caught on a wiretap after allegedly arranging a meeting with a … via Forbes
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Take-Two shareholders slash stakes
Friday, March 14th, 2008“They are voting on this deal and they are voting with their feet. They know they have no leverage”
By Scott Hillis Reuters Monday, March 10, 2008; 8:32 PM SAN FRANCISCO - The two biggest owners of shares in Take-Two Interactive Software Inc said on Monday they drastically cut their stakes in the video game … via The Washington Post
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New York Life agrees to settle pension suit for $14 million
Friday, March 14th, 2008New York Life Insurance Co. will pay $14 million to settle a class-action suit that accused the company of improperly steering billions in pension funds into its own mutual funds. via The York Daily Record
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Debt funds fly high amid capital markets February turbulence
Friday, March 14th, 2008“The dip in AUMs was primarily due to uncertainty in the equity markets and tight liquidity conditions. However, inflows from NFOs (new fund offers) and FMPs (fixed maturity plans) helped curtail the fall to some extent”
MUMBAI, MARCH 12: As the markets melted with every passing day in February, mutual fund investors did not dare to take any contrarian position and ran to park their cash in debt. via Express India
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Budget sidelined NRIs, but still something to cheer about
Friday, March 14th, 2008“Eventually, those who control natural resources will control downstream industries. Control over raw materials is a strategic necessity today. And it is not just restricted to India, it is a global phenomenon.”
By Kul Bhushan: Have NRIs been sidelined in the latest Indian budget? Since the government is all out to get votes for the general election next year, special concessions for NRIs were perhaps not a priority. via Newkerala.com
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