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By Marlene Y. Satter, AdvisorOne |
January 17, 2012
An expectation that China will increase financial stimulus led to a rise in the price of oil to a three-day high, as France advanced arguments for an embargo on Iranian oil. Meanwhile, Saudi Arabia said it would try to stabilize the price of oil at around $100.
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By Marlene Y. Satter |
December 22, 2011
Greece’s creditors are pushing back against an IMF drive to get them to accept larger losses on the country’s sovereign debt, with one Madrid-based hedge fund pulling out of the debt swap talks over the matter.
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By Marlene Y. Satter |
December 8, 2011
The European Central Bank will lend banks as much money as they need for three years, in addition to dropping its key interest rate to zero and loosening collateral rules andreserve ratio requirements.
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By Marlene Y. Satter |
August 10, 2011
An indication of how much the debt woes of other countries may affect banks came on Wednesday as Commerzbank AG of Germany said its quarterly profit fell 93% once it had written down the value of its Greek holdings.
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By Staff Writer |
November 1, 2004
NEW YORK--(HedgeWorld.com) Madison Capital Management LLC, has appointed Kristina Smorol as a portfolio director. Ms. Smorol will work primarily on investments in real estate securities for Madison's joint venture with Pramerica's real estate investment management arm and other funds managed by Madison. The joint venture concentrates on nontraditional real estate...
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By Staff Writer |
August 16, 2004
FRANKFURT, Germany (HedgeWorld.com)--Three companies--COMINVEST Asset Management gmbh, a unit of Commerzbank AG, PlusFunds Inc., New York, and Harcourt AG, Zurich, Switzerland--are planning to launch a new fund of funds program before the end of the year. The fund, aimed at German investors, will use an active management approach drawing from...
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By Staff Writer |
March 24, 2003
SAN FRANCISCO (HedgeWorld.com)--The Montgomery Partners Absolute Return Fund LLC is being liquidated after atttempts to sell the fund failed. Separately, Wilson "Bill" Santos, who had run...
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By Staff Writer |
December 3, 2002
SAN FRANCISCO (HedgeWorld.com)--The hedge fund division of Montgomery Asset Management LLC will not be included in the planned divestment of Montgomery by Commerzbank AG to...
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By Staff Writer |
August 19, 2002
FRANKFURT, Germany (HedgeWorld.com)--Commerzbank AG dropped plans to sell its U.K. investment unit Jupiter International Group, London, but is going ahead with plans to sell Montgomery...
