Foreign Funds Gain Ground
By Staff WriterSept. 24, 2004 -- In their search for higher profits, Americans have been looking abroad. Mutual funds that invest in international companies have raked in money at a near record pace this year, according to Financial Research Corp. Meanwhile, shareholders have been rewarded with returns that have topped domestic stock...
September 27, 2004
William Jennings Bryan Reborn: Bimetallism TodayJUPITER, Fla. (HedgeWorld.com)-Recent allegations of long-term manipulation of the price of gold and its derivatives bear striking similarities to somewhat older theories about manipulation of the price of silver and its derivatives, and both sets of theorists have noticed. James Cook publishes the James Cook Market Update and maintains a...
September 27, 2004
Pennsylvania Avenue Fund to Court: Enjoin This AcquisitionWASHINGTON (HedgeWorld.com)-The Pennsylvania Avenue Event Driven Fund, a hybrid entity created by Pennsylvania Avenue Advisors LLC to employ hedge fund strategies for mutual fund customers, sued UniSource Energy Corp., Tucson, Ariz., and its directors in an Arizona state court, alleging self-dealing and breach of fiduciary duty. The plaintiffs want certification...
September 27, 2004
Ten Funds of Funds With Low Expenses, Competitive ReturnsSept. 27, 2004 -- Equity funds of funds can provide attractive returns at a reasonable price, along with other benefits. The first is greater diversification than in a conventional mutual fund. A fund of funds can further diversify by investing in several different funds or across investment styles. Second, it...
September 24, 2004
CMS Seeks Medicare Council NomineesNU Online News Service, Sept. 24, 2004, 4:03 p.m. EDTThe Centers for Medicare & Medicaid Services is seeking nominations for members for the Medicare ...
September 24, 2004
Hartford Offers FSA Debit Card OptionNU Online News Service, Sept. 24, 2004, 4:21 p.m. EDTHartford Financial Services Group Inc., Hartford, will be marketing a benefits debit card system set ...
September 24, 2004
Benefits Foundation Reschedules ConferenceNU Online News Service, Sept. 24, 2004, 3:10 p.m. EDTThe International Foundation of Employee Benefit Plans, Brookfield, Wis., has rescheduled its 50th annual Employee ...
September 24, 2004
MassMutual: Apply Form 5500 To All PlayersThe federal government should change the tax form that retirement plan services companies use to disclose plan expenses.[@@]Thomas Kinzler, an associate general counsel in ...