CIGNA Veteran Joins Nationwide Financial
By Staff WriterNU Online News Service, Dec. 6, 2004, 6:07 p.m. ESTA Columbus, Ohio, insurer has named the leader of a new unit that will help ...
December 06, 2004
Companies Face More Issues than Cost in Outsourcing DecisionsWESTBOROUGH, Mass. (HedgeWorld.com)--Businesses that outsource labor to other locations might save less money than they expect but could benefit in other ways that may be as important or valuable as cost savings. That finding was among the conclusions made by the Tabb Group after interviewing senior-level executives responsible for selecting...
December 06, 2004
N.Y. Life Site Highlights Upromise ParticipationNU Online News Service, Dec. 6, 2004, 4:47 p.m. ESTA life insurer has set up a Web site to promote an educational rewards program.[@@]New ...
December 06, 2004
Latest Dexion Fund of Funds Launched, Listed on LSELONDON (HedgeWorld.com)--Shares of the third fund of funds from Dexion Capital plc have begun trading on the London Stock Exchange. The closed-ended fund, Dexion Trading Ltd. (LSE: DTL) closed its first day, Nov. 29, up a penny, to ?1.01, on volume of 181,451. The week before, Dexion Trading's initial public...
December 06, 2004
SEC Releases Final Hedge Fund Rule, with No SurprisesWASHINGTON (HedgeWorld.com)--Little differs between the proposals the Securities and Exchange Commission originally made regarding its regulation of hedge fund managers and the final rule it just published Little, perhaps, except for the lengthy documentation providing the agency's reasoning behind its new rule 203 (b)(3)-2 and accompanying the final rule. In...
December 06, 2004
Vasquez Rises At GenworthNU Online News Service, Dec. 6, 2004, 5:57 p.m. ESTA Richmond, Va., insurer has promoted a distribution executive.[@@]Enrique Vasquez will be president of the ...
December 06, 2004
Monetta Funds Drop Sales ChargesDec. 3, 2004 -- Monetta Funds eliminated sales charges this week on its five mutual funds that carried them in an effort to increase sales. Three Monetta stock funds had carried maximum 5.75% sales charges, or front-end loads, as had its balanced fund and its bond fund. The Monetta Fund...
December 06, 2004
Good News for B/D Reps Who SwitchNASD reverses itself on bulk transfers of client accounts