Latest News In Stock Investment Market Funds – Nov 12, 2008 | Stock Market News

Latest News In Stock Investment Market Funds – Nov 12, 2008

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Russia may have to tap reserves fund in crisis – Washington Post

12 Nov 2008 at 5:20am
MOSCOW — Russia’s currency and stock markets fell further Wednesday after the central bank said it would back off defending the ruble and hiked interest rates, and as dropping oil prices threatened the state’s finances and the economy. The ruble …

RPT-CANADA STOCKS-TSX dragged lower by oil, resources – Reuters

12 Nov 2008 at 7:36am
TORONTO, Nov 12 (Reuters) – The Toronto Stock Exchange’s main index .GSPTSE fell more than 1 percent at the open on Wednesday as weakness in commodities persisted with a soft tone to metals and the price of oil at a 20-month low. The S&P/TSX …

Meltdown sets back hedge fund master – Globe and Mail

12 Nov 2008 at 6:38am
Math whiz Ravi Sood has ridden the highs and lows of the wild world of hedge funds. The president of Lawrence Asset Management Inc. made a name for himself running the firm’s flagship hedge fund with stellar returns such as his 75-per-cent gain in …

Russia may have to tap reserves fund in crisis – FOX News

12 Nov 2008 at 5:48am
MOSCOW ? Russia may have to tap into rainy-day reserves of billions of dollars to help state finances through the economic crisis and declining oil profits, the country’s finance minister said Wednesday. Alexei Kudrin’s comments came as the ruble …

The Cushing MLP Total Return Fund Announces Quarterly Dividend – MSN MoneyCen…

12 Nov 2008 at 9:16am
DALLAS , Nov. 12 /PRNewswire-FirstCall/ — The Cushing MLP Total Return Fund SRV declared its quarterly dividend of $0.33 per common share for the quarter ending November 30, 2008 . The dividend will be payable on December 10, 2008 to shareholders of …

Mutual funds win the quarter – Globe and Mail

12 Nov 2008 at 9:02am
Here’s some good news for mutual fund investors: The majority of Canadian equity fund managers outperformed their benchmark index in the third quarter, suggesting that the pros have been able to avoid the worst of the recent bout of stock market …

MF league shaken – Hindustan Times

12 Nov 2008 at 9:23am
There has been a powershift in the mutual fund schemes this year, with a new set of leaders and laggards arising from the crash in the stock market this year. In the pack of equity schemes that were launched before January 31, 2005, there has been a …

Paulson Unveils Major Shift In $700 Billion Rescue Fund – CNBC

12 Nov 2008 at 8:54am
Treasury Secretary Henry Paulson said he was backing away from buying troubled mortgage assets using a $700 billion bailout fund, instead favoring a second round of capital injections into financial institutions that would match private funds …

Mutual funds see outflow of Rs 47,000 cr in Oct – Hindustan Times

12 Nov 2008 at 9:02am
Mutual fund investors pulled out as much as Rs 47,000 crore in October — the highest redemption from MF schemes in a month so far this fiscal — triggered by the meltdown in equity markets. At the end of October, investors redeemed funds worth Rs 46 …

Russia may tap reserves fund – Straits Times

12 Nov 2008 at 6:46am
MOSCOW – RUSSIA may have to tap into rainy-day reserves of billions of dollars to help state finances through the economic crisis and declining oil profits, the country’s finance minister said on Wednesday. Mr Alexei Kudrin’s comments came as the …

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November 12 2008 08:57 am | Stock Market News

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