Renaissance Favors Selectively Extending SEC's Financial Statement Deadline
By Staff WriterNEW YORK (HedgeWorld.com)--Multibillion-dollar hedge fund firm Renaissance Technologies Corp. officially joined the ranks of those criticizing one particular aspect of the Securities and Exchange Commission proposal to require that hedge fund managers register as investment advisers. In a Sept. 7 letter to the SEC, Renaissance Vice President Mark Silber wrote...
September 10, 2004
Invesco Reaches US$451 Million Market-Timing SettlementDENVER (HedgeWorld.com)--In what may be one of the last of the super-size settlements tied to the mutual fund market-timing/late-trading scandal, AMVESCAP plc's Invesco Funds Group Inc. and AIM Advisors Inc. mutual fund arms agreed Tuesday to a US$451 million settlement of market-timing charges. Those civil charges were brought against Invesco...
September 10, 2004
Invesco Employees Settle with SECDENVER (HedgeWorld.com)--Three former Invesco Funds Group Inc. employees have settled Securities and Exchange Commission charges they helped outside investors conduct extensive market timing in Invesco mutual funds. Timothy J. Miller, former chief investment officer and a portfolio manager; Thomas A. Kolbe, former national sales manager; and Michael D. Legoski, former...
September 10, 2004
Matthews Asian Technology FundMark Headley, manager since inception in December 1999 S&P Rank: 4 Stars Broad Diversity, With A Caveat
September 09, 2004
Benefit Informatics Signs Illinois ClientNU Online News Service, Sept. 9, 2004, 4:18 p.m. EDTBenefit Administrative Systems L.L.C., Homewood, Ill., has agreed to buy benefit plan services and technology ...
September 09, 2004
Kaiser: Employer Health Premiums Rise 11%Employer-sponsored health insurance premiums have increased an average of 11% since 2003, to $3,695 per year for individual coverage and $9,950 per year for ...
September 09, 2004
Aging Survey: Julie Andrews Beats Keith RichardsNU Online News Service, Sept. 9, 2004, 5:27 p.m. EDTAmericans think Julie Andrews is aging well.[@@]Bankers Life and Casualty Company, Chicago, has published that ...
September 09, 2004
Jefferson Pilot Cuts Term Face Value MinimumNU Online News Service, Sept. 9, 2004, 5:28 p.m. EDTJefferson Pilot Financial, Greensboro, N.C., has introduced the JPF Prelude Plus GP series of term ...