DUBAI - Bank of London and the Middle East, or BLME, plans to launch at least three funds in 2009 targeting fixed income, distressed real-estate assets and equities, a bank executive said on Thursday.
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Archive for January, 2009
BLME Plans Three Islamic Funds This Year (Khaleej Times)
Saturday, January 31st, 2009Priest accused of mishandling school funds (KATU Portland)
Saturday, January 31st, 2009The Archdiocese of Portland is investigating allegations that the Star of the Sea School in Astoria is in danger of closing because a priest mishandled funds. The archdiocese says it has provided a $20,000 grant to keep the school open.
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2009 promising for long-term bond funds: Crisil Fund Services (Express India)
Saturday, January 31st, 2009Long-term bond funds are poised to deliver good returns in 2009 on the back of softening interest rates, and present themselves as an attractive investment option.
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Institute of Neurosciences looks for funds (Express India)
Saturday, January 31st, 2009Institute of Neurosciences Kolkata, which is going to start its operations in April this year, is waiting for more funds of Rs 15-20 crore to start its robotic surgery, the first of its kind in India, in the near future.
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Singapore Says Wealth Funds May Play Bigger Role in Markets (Bloomberg)
Saturday, January 31st, 2009Jan. 31 (Bloomberg) — Institutional investors, including sovereign wealth funds, may play a bigger role in stabilizing the global financial system as leveraged banks and hedge funds stumble, the Government of Singapore Investment Corp. said.
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Senators Bid to Regulate Hedge Funds (New York Times)
Friday, January 30th, 2009Legislation from Senator Carl Levin and Senator Charles E. Grassley would give the S.E.C. specific authority to oversee hedge funds.
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Hedge Funds Nervous About US Bill To Regulate Them (Nasdaq)
Friday, January 30th, 2009NEW YORK -(Dow Jones)- Hedge funds, which just a few months ago indicated they would support some regulation of the industry to improve transparency, are acting rather skittish now that an actual bill to do this has been sent to Congress.
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BlackRock, Gabelli Funds Sell at Discounts (TheStreet.com)
Friday, January 30th, 2009Even top-rated closed-end funds are selling cheaply when their prices are compared to the underlying holdings.
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Mutual Funds See First Net Inflows Since May (Fox News)
Friday, January 30th, 2009Mutual Funds See First Net Inflows Since May
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Bailout Funds Still Lack Oversight, GAO Report Finds (Washington Post)
Friday, January 30th, 2009The federal government’s $700 billion bailout program continues to lack adequate oversight to make sure that banks receiving the taxpayer funds are using them properly, congressional investigators said today.
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