Investors, beware: ‘Absolute return’ can mean loss
BOSTON — Absolute return funds sound like they would stand above criticism. They’re the mutual fund industry’s latest push to deliver modest, but steady, gains whether stocks are up or down.
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U.A.E. Is in Final Stages of Enacting Laws to Boost Investment
The United Arab Emirates is in the final stages of enacting new laws and updating existing regulations to boost investor confidence in the second-largest economy in the Persian Gulf, Minister of Economy Sultan Bin Saeed al-Mansouri was cited as saying by the WAM news agency.
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Schwab Announces Agreement to Acquire Windward Investment Management, Inc.
SAN FRANCISCO–(BUSINESS WIRE)–The Charles Schwab Corporation today announced an agreement to acquire Windward Investment Management, Inc., for 0 million in stock and cash. The deal is expected to close during the fourth quarter, subject to customary closing conditions. Headquartered in Boston, Windward Investment Management is an investment advisory firm that manages .9 billion at July 31 …
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