Fund in Focus: AXP Threadneedle Global Equity
By Staff WriterDominic Rossi, lead manager since October 2003 S&P Rank: 3 Stars New Management Is Making Strides
June 27, 2005
Principal Adds Retirement Vice PresidentsPrincipal Financial Group Inc. has hired vice presidents of sales for its San Diego and Seattle retirement services offices.[@@]Principal, Des Moines, Iowa, says Thomas ...
June 27, 2005
Genworth Funds Alzheimer ProgramsGenworth Financial Inc. has contributed $7.5 million to the Alzheimer's Association to support its research and education efforts.[@@]Genworth, Richmond, Va., says the donation is ...
June 27, 2005
Milliman Veteran Moves To Pan-AmericanPan-American Life Insurance Company has hired Camilo Salazar to be executive vice president for distribution, marketing and product management.[@@]Salazar previously was a principal responsible ...
June 27, 2005
Van Index Back in Positive TerritoryGREENWICH, Conn. (HedgeWorld.com)--Hedge funds in the Van Global Hedge Fund Index staged a rally in May, rising 0.9% collectively and giving the broad index a 0.2% return year-to-date through May 31. Falling long-term interest rates, rising equity markets and a strengthening dollar all helped managers in the Van index enjoy...
June 27, 2005
Fidelity Aggressive Growth Fund Gets New ManagerFidelity Investments named new managers to oversee several of its mutual funds, including the $4.4-billion Fidelity Aggressive Growth Fund (FDEGX). Fidelity also noted that two...
June 27, 2005
Hedge Fund with Convert Notes Sends Saks Default NoticeBIRMINGHAM, Ala. (HedgeWorld.com)--Saks Inc. announced that it has received a notice of default from a hedge fund, which a spokeswoman declined to name, and that this notice, issued Tuesday, June 14, initiates a 60-day cure period. The default notice was triggered by Saks' failure to file with the Securities and...
June 27, 2005
Bill Could Lift Reverse Mortgage Volume CapBill Could Lift Reverse Mortgage Volume CapThe U.S. House of Representatives is considering a bill, H.R. 2892, that could eliminate volume caps on reverse ...