Archive for November, 2009

India’s UTI offers 30 funds for transaction on NSE (Reuters via Yahoo! Asia News)

Monday, November 30th, 2009

MUMBAI, Nov 30 (Reuters) - India’s UTI Asset Management on Monday offered 30 of its mutual funds for transaction through the National Stock Exchange (NSE), becoming the first fund house to take advantage of the vast distribution network of the exchange.

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Village wants the stimulus funds it was promised (Lake Geneva Regional News)

Monday, November 30th, 2009

November 11, 2009 | 09:00 AM Sharon — Federal stimulus funds were designed to put a boost into the ailing economy, but it may have a lasting negative impact on the financial state of the village.

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Video: Art exhibition to collect funds for church restoration (Maltamedia.com Daily News)

Monday, November 30th, 2009

An exhibition of 12 ink and watercolour paintings by Kenneth Zammit Tabona depicting historic sites and personalities is currently on show at the Auberge de Castille in Valletta till Tuesday. The sites in the paintings depict historic sites which have been restored by Din l-Art Helwa. Funds collected from this exhibition will go towards restoring Our [...]

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Botswana : Three Arrested for Stealing Ipelegeng Funds (AllAfrica.com)

Monday, November 30th, 2009

Three people were arrested this week for stealing government funds meant for Ipelegeng (Self-Reliance) programme for the poor. The two women and a man were reportedly assigned to recruit labourers for the programme in various wards in a populous village on the outskirts of Gaborone.

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Fidelity to launch two multi-asset funds (Money Marketing Online)

Monday, November 30th, 2009

The multi asset defensive and multi asset growth funds will sit alongside the existing £238m multi asset strategic fund. Both products will aim for capital growth through a portfolio of bonds, cash, commodities, equities, and property.

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Hedge funds set for best year in a decade (eFinancial News)

Monday, November 30th, 2009

Hedge funds are poised to register their best investment returns for a decade, staging a remarkable turnaround as some of last year’s worst-performing funds leap to the top of the tables.

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Hedge Funds Buying as Individuals Sell in Bull Signal (Update1) (Bloomberg)

Monday, November 30th, 2009

Nov. 30 (Bloomberg) — Hedge funds are shoveling money into stocks as individuals exit at the fastest rate in a year, a sign to professional investors that the Standard & Poor’s 500 Index is poised to extend its gains.

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Tax breaks proposed to woo sovereign wealth funds (The Age)

Monday, November 30th, 2009

The Government is considering locking in US-style tax breaks for overseas sovereign wealth funds as part of an effort to attract a greater share of the $US3.8 trillion commanded by the funds globally.

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NM hatchery uses federal funds for improvements (KOB 4 Albuquerque)

Sunday, November 29th, 2009

A national fish hatchery in southeastern New Mexico will be making some much needed repairs and improvements thanks to $320,000 in federal stimulus funds.

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Council spends night putting stamp on funds (McKinney Courier-Gazette)

Sunday, November 29th, 2009

Approving funds was the main task for the McKinney City Council Tuesday night, as members passed items to allow for the renovation and repair of the McKinney Boys and Girls Club building, the restoration of a 1924 fire engine by the McKinney Fire Department, and work on the Airport Sewage Project.

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