Archive for March, 2009

SITE TO TRACK ECONOMIC STIMULUS FUNDS (Bernama via Yahoo! Malaysia News)

Tuesday, March 31st, 2009

KUALA LUMPUR, March 31 (Bernama) — A special website to monitor how funds to implement the two economic stimulus packages are spent will be launched next week, Deputy Finance Minister Datuk Kong Cho Ha told the Dewan Negara today.

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Advantages Of Mutual Funds (Investopedia)

Tuesday, March 31st, 2009

Since their creation, mutual funds have been a popular investment vehicle for investors. Their simplicity along with other attributes provide great benefit to investors with limited knowledge, time or money.

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SBI MF Plans To Launch Sectoral-Specific Funds (Nasdaq)

Tuesday, March 31st, 2009

(RTTNews) - SBI Mutual Funds, the joint venture between State Bank of India and Societe General AMC (France), plans to launch sectoral-specific funds in the near future, PTI reported quoting a statement from a company official.

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Something wrong with stimulus funds? Here’s where to turn (McClatchy Newspapers via Yahoo! News)

Tuesday, March 31st, 2009

Something strange in your neighborhood with government stimulus funds? Who ya gonna call?

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Exclusive Funds Are Clamoring for Your Money (WallStreet Journal via Yahoo! Finance)

Tuesday, March 31st, 2009

Funds that were closed are now reopening to new investors because they need new cash to offset heavy redemptions.

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Hedge funds stand to gain, but also face oversight (AP via Yahoo! Finance)

Tuesday, March 31st, 2009

Hedge funds are being offered a sweet deal to help the Obama administration rescue the U.S. banking system: A low-risk opportunity to scoop up soured bank assets that could one day make them a killing.

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Hedge Funds End Agreement Over Deutsche Boerse Stakes (Fox News)

Tuesday, March 31st, 2009

Hedge Funds End Agreement Over Deutsche Boerse Stakes

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Police investigate loss of sports funds at Coronado (Las Vegas Review-Journal)

Tuesday, March 31st, 2009

Clark County school police are investigating the theft or loss of thousands of dollars in funds raised by students in the football program at Coronado High School.

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Magyar Telekom Says Company Probed for Alleged Misuse of Funds (Bloomberg)

Tuesday, March 31st, 2009

March 31 (Bloomberg) — Magyar Telekom Nyrt. , the former Hungarian phone monopoly controlled by Deutsche Telekom AG, is under a criminal investigation by the Hungarian police for an alleged misuse of funds, the company said.

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At Sovereign Funds, a History of Bad Timing (New York Times)

Tuesday, March 31st, 2009

After becoming international wheelers and dealers just a few years ago, sovereign wealth funds have staged a retreat. Instead of hunting for bargains beyond their borders, many of these government-run investment pools seem to be staying close to home.

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