Vanguard Debuts Another Primecap Offering
By Staff WriterDec. 9, 2004 -- Vanguard Group on Thursday debuted another fund managed By Primecap Management Co., which runs two of Vanguard's top performing funds. The new Primecap Core Fund invests in growth stocks and undervalued shares and buys companies of any size, although its "emphasis" will be on "larger-cap stocks,"...
December 10, 2004
Merrill Hedge Fund Chief Moves to BNYNEW YORK (HedgeWorld.com)--Anthony Conroy has joined BNY Brokerage, a subsidiary of The Bank of New York, as managing director and head trader. Mr. Conroy comes from Merrill Lynch Investment Management, where he was managing director and head trader at the hedge fund unit for the past five years. The group...
December 10, 2004
Paul Gulden of Pax World Growth FundS&P Rank: 4 Stars Environmentally Friendly Fund Embraces Oil and Water
December 10, 2004
SEC Posts Final Hedge Fund Advisor RegulationsFederal regulators have completed work on controversial regulations meant to bring more oversight to the world of hedge funds.[@@]The U.S. Securities and Exchange Commission ...
December 10, 2004
The Value of Client EducationRemember the old Syms clothing store television commercials in which company founder Sy Syms would emphatically state, "An educated consumer is our best customer"? You can borrow a page from this renowned clothing purveyor's marketing strategy as you consider the connection between educating your clients and the reasonableness of their...
December 09, 2004
Prudential Expands Fiduciary Services MenuNU Online News Service, Dec. 9, 2004, 2:33 p.m. ESTA Newark, N.J., insurer has introduced a retirement plan compliance program.[@@]The retirement services unit at ...
December 09, 2004
Annuity Income Tax Break Bill IntroducedWashington BureauLegislation has been introduced in the Senate that would reduce by half the tax on the income generated by annuities that make lifetime payments.The ...
December 09, 2004
ACLI Still Asking For Role In Kampo PlanningU.S. and European insurers continue to try to influence Japan's efforts to privatize Japan Post.[@@]The cabinet of Japanese Prime Minister Junichiro Koizumi hopes to ...