Funds | Hedge Funds

Abuja — Nigeria needs innovation funds to accelerate its developmental agenda, the Director General of the National Agency for Science and Engineering Infrastructure (NASENI), Prof. Olusegun Adewoye has said.

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By MICHAEL BRAGA Few people in the business expect the funds to do more than stabilize their companies.

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Aug. 31 (Bloomberg) — Mutual funds, pensions and endowments are unloading U.S. consumer stocks at the fastest pace in at least 14 years. Institutions controlling $16.4 trillion sold $1.8 billion more than they bought of department stores, distillers and hoteliers this month, according to data compiled by State Street Corp.

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The ExxonMobil Foundation has donated more than $100,000 in matching funds to Mississippi State University’s Bagley College of Engineering. ExxonMobil Foundation, the philanthropic arm of the ExxonMobil Corp., supports initiatives to improve mathematics and science education at the K-12 and college levels.

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Three hedge fund heads show how hedge funds outperformed the rest of the market.

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Tata Motors , India’s top vehicle maker, is looking to tie-up working capital funds for its Jaguar Land Rover unit in the next few weeks, a top official said on Monday.

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Funds of hedge funds fight back after MadoffFunds of hedge funds fight back after Madoff

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MUMBAI, Aug 31 (Reuters) - Tata Motors, India’s top vehicle maker, is looking to tie-up working capital funds for its Jaguar Land Rover unit in the next few weeks, a top official said on Monday. “We have already tied up some funds from four banks. Discussions are on with some others. We hope this will be completed in the next few weeks ,” Vice Chairman Ravi Kant told reporters. Earlier on Monday …

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There’s a surprisingly strong case to be made for buying into actively managed funds

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Hedge funds focused on the Middle East and North Africa gained 16.9 per cent in the first half of this year.

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