Latest News in Stock Funds Markets – March 31, 2010

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German Cabinet Approves Bank Levy To Pay For Rescue … – NASDAQ

31 Mar 2010 at 1:27am
BERLIN -(Dow Jones)- The German cabinet Wednesday approved plans to make banks pay a levy into a rescue fund, with the contribution based on a bank’s potential … The financial market crisis has shown that tools must be developed to either …

Breaches of procedure herald the end of the Gartmore … – Daily Telegraph

30 Mar 2010 at 10:28pm
It was the night of January 21. The previous month he’d successfully piloted the fund manager to its second stock market float, in a remarkably varied ownership history, and now his star fund managers were being fted at the Grosvenor House Hotel at …

Mutual funds go overseas again with approval in forex – People’s Daily Online

30 Mar 2010 at 11:40pm
With the recovery of overseas market, China’s mutual funds are willing to invest in foreign stock markets with the approval of foreign exchange quotas. Recently, Lion Fund and Bank of China Investment Management also announced they had the go-ahead …

China valuations low; favour banks, property -E Fund – The Guardian

29 Mar 2010 at 11:41pm
SHANGHAI, March 30 (Reuters) – China’s stock market will fluctuate within a narrow band this year as investors await clearer indications of economic health, and a slump is unlikely due to low valuations of Chinese shares, a fund manager at E Fund …

Weak financials cap market’s rise, Citi extends losses – Marketwatch

30 Mar 2010 at 2:00pm
The U.K. stock market ended lower as bank shares slumped and fund management firm Gartmore announced it had suspended a key fund manager. Royal Bank of Scotland (NYSE:RBS) closed down 3.4% after it was fined 28.6 million pounds ($43 million) by the U …

Ford pledges salaried bonuses, union retiree fund to … – Detroit Free Press

31 Mar 2010 at 1:27am
The UAW’s health care trust fund … Ford has gained market share in the U.S. and Europe. On Sunday, it announced a deal to sell Volvo for $1.8 billion. On Monday, Ford said it can afford to pay off $3 billion of its debt. “Ford stock and the stock …

Stock Hunter Asks, Are You Ready? Check Us Out!! LYJN … – TMCnet

31 Mar 2010 at 12:23am
M2 PressWIRE Via Acquire Media NewsEdge) Stock Hunter PRESENTS : (PINKSHEETS: LYJN) Lyric Jeans, Inc., (PINKSHEETS: QASP) Quasar Aerospace Industries, Inc., (OTCBB: FNDM) Fund.com, Inc … is certainly excited that the market has expressed such an …

Fund Manager: Congress Is (Almost) Always Wrong – US News and World Report

25 Mar 2010 at 8:15am
Mutual fund manager Eric Singer predicts that healthcare reform will eventually harm the stock market. “Long term, I think that the bill is bad for the country because it raises taxes a lot and forces us to spend in a very inefficient way on …

BNY Mellon Scoops Six Trophies in Asian Awards – Stockhouse

31 Mar 2010 at 12:44am
BNY Mellon was also named Best Fund Administrator – Hedge Funds and Best in Corporate … Trust for Asia at BNY Mellon, said: “These awards demonstrate the success we have had at expanding our market share across Asia while delivering world class …

High 2009 returns a tough act to follow for China’s … – People’s Daily Online

30 Mar 2010 at 11:18pm
Currently, about 60 percent of the NSSF’s returns come from the domestic stock market. The fund will increase investment overseas in the US and European bonds and stock market, while also considering non-listed companies and overseas private equity …

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March 31 2010 01:02 am | Stock Market News

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