Monthly Archives: August 2003

A classic tale of two cities; Saturday interview: ROSS LECKIE When Hollywood called, the Edinburgh fund management spinmeister was lost for words, finds Mark Williamson

WHEN the unwelcome ring of the telephone interrupted his bedtime preparations one night last August, Ross Leckie had no idea that his life less ordinary was about to take a distinctly unusual andrewarding turn. Leckie, one-time internee in Idi Amin’s […]

MoneyTV, Week of 8/22

LOS ANGELES, August 22, 2003 (PRIMEZONE) — MoneyTV is the nationally syndicated television program all about money and what makes it happen, (http://www.moneytv.net), featuring informativeinterviews with CEOs, insights into their operations and outlooks for their futures. Free information packages from […]

Tokyo Stocks Fall Back in Morning

Tokyo, Aug. 22 (Jiji Press)–Stocks fell moderately on the Tokyo Stock Exchange Friday morning as players moved to reap profits from the market’s recent steep rally. “Hedge funds and many other players sold shares to cash in on their gains […]

Soros loses 4m on Safestore

HEDGE fund guru George Soros will book a loss of more than 4m on his investment in self-storage group Safestore, snapped up by venture capitalist Bridgepoint for 40m. Soros, whose Real Estate Investors fund owns 25pc of loss-making Safestore, paid […]

Entrepreneur Column

Aug. 22–QUESTION: How much of my own money should I invest in my business? ANSWER: Several readers have asked whether there is a formula or some kind of rule of thumb by which business owners should abide in terms of […]

Lloyds to open private bank office in Glasgow

LLOYDS TSB Private Banking will open its first office in Glasgow next month. The bank, which this week rebranded and raised its minimum investment level from GBP 100,000 to GBP 250,000, is opening an “airport lounge” style banking suite on […]

The Investment Column: Take a sober view of Allied Domecq

A COCKTAIL of Beefeater Gin and Kahlua liqueur with Jack Daniel’s would be a potent combination indeed, so it was little wonder that it went straight to investors’ heads. There have been reports for weeks that Allied Domecq, the UK […]

Booker shelves US entry plan to go global

THE BOOKER Prize has dropped plans to make American writers eligible for the award, and is instead pushing for a second prize, for international achievement. Provided the Booker’s advisory committeesucceeds in persuading its sponsors, the Man Group, to fund the […]

Tokyo morning deals

TOKYO, Aug. 22 (Kyodo) — The U.S. dollar hovered at the upper 117 yen level Friday morning in Tokyo as its recent falls made market players wary of intervention by Japanese monetary authorities. At noon, the dollar traded at 117.82-85 […]

Business Digest

Cerberian raises $3.35M in new venture capital Cerberian Inc., a Salt Lake City-based Internet content filtering solutions company, has raised $3.35 million in its latest venture capital round. The investments were led by vSpring Capital and also included first-time investments […]

13th Annual Great Midwest Venture Capital Conference, Louisville, KY, Oct. 22-23

LOUISVILLE, Ky.–(BUSINESS WIRE)–Aug. 21, 2003–One of the nation’s premier venture capital conferences is headed to Louisville, Kentucky. The Managing Director of Chrysalis Ventures, Kentucky’slargest venture capital firm, Bob Saunders states, “Chrysalis Ventures has sponsored the GMVCC for the past several […]

Fund manager staff swapping seen as sign of recovery

Britain’s fund management businesses have been hit by a spate of key players joining new firms in recent weeks in what recruiters say may be a sign that the fund job market is emerging from thedoldrums. Companies such as Schroders, […]