Economy & Markets
The important economic and stock market news that advisors need to know.
Drake Builds Asia Operation
By Staff WriterNEW YORK (HedgeWorld.com)--Fixed-income manager Drake Management LLC has formed a team for Asian clients and developed a web site for Asian investors. Richard Horodeck, a lawyer with expertise in offshore investments by Japanese financial institutions, joined the firm to head the Drake Asian product development and client service group. The...
November 03, 2004
Earnings Roundup: Ceres, CIGNA, PacifiCareNU Online News Service, Nov. 3, 2004, 4:57 p.m. ESTMedicare supplement claims raised eyebrows at Ceres Group Inc., Cleveland, during the third quarter.[@@]The insurer, ...
November 03, 2004
Royce Closes Small-Cap FundNov. 2, 2004 -- The Royce Fund Low-Priced Stock (RYLPX), which invests in small companies, has been closed to new investors to keep it from...
November 02, 2004
Arthur Steinmetz of Oppenheimer International Bond FundS&P Rank: 5 Stars Well-Travelled Fund Gets Boost From Emerging Markets
November 02, 2004
David Fondrie of Heartland Select Value FundS&P Rank: 5 Stars Deep Value Across The Cap Spectrum
November 02, 2004
Two Ways to Play the Commodities BoomIn an environment characterized by muted expectations for stock and bond returns, commodities have suddenly become the newest must-have investment. Research performed over the last twenty years has found that including commodities in a portfolio of stocks and bonds produces many advantages. The
November 01, 2004
Humana Gains Despite Drop In EnrollmentNU Online News Service, Nov. 1, 2004, 6:22 p.m. ESTSuccessful efforts to winnow out money-losing commercial accounts helped increase third-quarter profits at a large ...
November 01, 2004
Long-Term Potential Rises in the EastCompared with American stocks, mutual funds that invest in Asia and the Pacific Rim have slightly underperformed over the recent one-year period, but the region...