Funds & Trusts

Hedge funds: 1, Buffett: 0

Remember "Buffett's Big Bet", in which the noted investor and CEO of Berkshire Hathaway maintained that an S&P 500 index fund would outperform five funds-of-hedge-funds over 10 years? Well, the results for the first lap, the...

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Ex-NY politician's corruption trial wrapping up

ALBANY, N.Y. -- The corruption case of former New York Senate Republican leader Joseph Bruno has gone to the jury, which will decide whether he used his power to line his pockets and deprive New Yorkers of honest government.

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6-month Treasury rates hit lowest point on record

By MARTIN CRUTSINGER AP Economics Writer WASHINGTON (AP) - Interest rates on six-month Treasurys hit their lowest level on record and three-month bills their lowest point in 11 months in Monday's auction of T-bills. The...

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Playing With Platinum And Palladium (PGM, PAL, SWC)

With its recent all-time high of $1150 an ounce, gold is getting all the attention in the metals world. The Portfolio Plays ETF Securities, a global fund issuer that specializes in physically-backed ETFs, has filed to launch...

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ConvergEx Acquires NorthPoint Trading Partners Prime Broker Business

Acquisition of NorthPoint adds established boutique prime broker platform to ConvergEx’s suite of services. By Greg MacSweeney ConvergEx, a provider of investment and execution technology to institutional clients, has acquired...

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It's not the right time to invest in India

With Bombay's Sensex Index up 110% since its bottom, Cris Sholto Heaton is ready to admit he called India wrong back in the Spring. Here, he looks at the reasons for the country's remarkable turnaround, and explains why he...

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Dynex buys Deutsche Bank share of joint venture

GLEN ALLEN, Va. (AP) - Dynex Capital Inc., a mortgage real estate investment trust, said Monday its subsidiary, Issued Holdings Capital Corp., has bought Deutsche Bank's shares of a joint venture for $9.5 million in cash,...

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Mutual Fund Mondays (at CNBC)

Published: Monday, 23 Nov 2009 | 5:34 PM ET Monday’s gains in the stock market [.SPX Loading... () ] come as no surprise to Pete Najarian. He’s put together the numbers S&P Monday Moves It’s an interesting trend and well worth...

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Gladstone to create class of senior shares

MCLEAN, Va. (AP) - Gladstone Commercial Corp., a real estate investment trust, said Monday it will create a new class of ownership by offering senior common shares in a private sale. It plans to sell 3.3 million shares at $15...

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Asia Markets: Asian gold ETFs win hands down against miners

MarketWatch TOKYO (MarketWatch) -- "ETFs are better than miners," said Patrick Kerr, managing director at Amerifutures Commodities & Options. SPDR Gold Trust in Tokyo /quotes/comstock/13*!gld/quotes/nls/gld (GLD 114.29, +1.35,...

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