Monthly Archives: August 2003
Managed Funds Association Submits 2003 Sound Practices for Hedge Fund Managers to the Securities and Exchange Commission
WASHINGTON–(BUSINESS WIRE)–Aug. 6, 2003–Managed Funds Association (MFA), the global voice for the hedge fund industry, today submitted its 2003 Sound Practices for Hedge Fund Managers, to theSecurities and Exchange Commission (SEC), according to John G. Gaine, President. MFA, headquartered in […]
Hudson United may be on the block ; It hired Morgan Stanley to arrange auction, news service says
Hudson United Bancorp, one of the largest New Jersey-based banks, is reportedly for sale. Citing unnamed sources, Bloomberg News said Tuesday morning that the Mahwah-based bank hired Morgan Stanley to arrange an auction. Morgan Stanley officials declined to comment and […]
Maximum Dynamics, Inc. Signs Letter of Intent to Acquire a Subsidiary
COLORADO SPRINGS, Colo., Aug. 6, 2003 (PRIMEZONE) — Maximum Dynamics, Inc. (OTCBB:MXDY), a financial services company that supports the financial community with back office fund administration andclient side support, announced today that it has signed a letter of intent to […]
Venture to Open Defense Technology to Police
When police, firefighters and paramedics get emergency calls, they frequently rely on public information to determine how to get to a fire, crime scene or accident site. Better information — such as satellite photos of the scene — exist, but […]
Enterprise: Dig-ePrint set for expansion funds
Another investment deal with a Leicestershire company has been announced by Catapult, the company tasked with the management of the East Midlands Regional Venture Capital Fund. Dig-ePrint, based in Coalville, first contacted Catapult last year and is looking to relocate […]
Enterprise: Small firms have the most difficulty accessing funds
Entrepreneurs are still finding it difficult to access funding to assist their businesses, according to Birmingham Chamber of Commerce and Industry. The BCI was responding to the Government’s consultation paper Bridging the Finance Gap. After consulting member companies, the organisation […]
Venture to Open Defense Technology to Police
When police, firefighters and paramedics get emergency calls, they frequently rely on public information to determine how to get to a fire, crime scene or accident site. Better information — such as satellite photos of the scene — exist, but […]
Deutsche Bank Strengthens Hedge Fund and Mid-Sized Institutional Client Equity Sales Coverage; Bill Foley, Sam Mezansky, and Ted Tabasso Join Deutsche Bank Securities
NEW YORK–(BUSINESS WIRE)–Aug. 5, 2003–Deutsche Bank Securities Inc. today announced that Bill Foley, Sam Mezansky, and Ted Tabasso will be joining the firm as Managing Directors responsible formiddle market equity sales coverage. Based in New York, they will report to […]
Westin Hotel in Chicago May Get Bid from Starwood Group that Manages It
Aug. 5–A Michigan Avenue hotel that could not find a buyer last year is suddenly in play, in a deal that should be a test of how real estate investors view the local hotel market. Starwood Hotels & Resorts Worldwide […]
Funds boss Mills is top of directors’ pile at 4.8m
A TOP City fund manager born into the Bertram Mills circus dynasty has been named as the highest-paid director of a publicly quoted company in a survey today. Christopher Mills, chief executive of the obscure North Atlantic Smaller Companies Investment […]
Collapse in bonds ‘is a threat to shares’
CONCERNS are rising that the recent worldwide collapse in the bond market could soon spill over into shares. Falling bonds means higher borrowing costs, and long-term rates have soared since mid-June on sudden fears of inflation. US Treasuries have dropped […]
Bonds battered by turbulence and US is bearing the brunt
ASK ANY independent financial adviser which are higher-risk – shares or bonds – and the answer will come back loud and clear. Government bonds are a low-risk investment whereas shares are for the brave and the wealthy. However, that is […]
