Foreign mutual funds lure U S investors amid risky markets
U S investors pour into foreign funds despite shaky returns. Templeton World funds chase Russia as Mexico trembles, attracting 78 million to Russia Fund and fueling a global flow of over 180 billion into emerging markets. IMF warns such capital moves can destabilize small economies while regulators note high risk and limited diversification.
MENTIONED IN THIS ARTICLE
Mexico
Templeton Worldwide Mutual Fund Group
Russia
Moscow
Sam Forester
Templeton Worldwide
Franklin Resources
San Mateo
Calif
Templeton Russia Fund
U.S
Standard & Poor
Staples
Russia Fund
Securities and Exchange Commission
SEC
John Heine
Latin America
International Monetary Fund
IMF
Art as an Investment: Auctions Mark Strong Returns
A look at recent big sales and long term data argues fine art can outperform stocks and bonds. Michael Moses finds art returns of 12 to 20 percent over five to ten years across major auctions, while the S and P 500 tops around 11 percent. Smaller, affordable works may not yield similar gains.
MENTIONED IN THIS ARTICLE
Vincent van Gogh
Pablo Picasso
Amedeo Modigliani
Treasury
Michael Moses
New York University
Stern School of Business
Moses
Sotheby’s Gallery
New York
Standard & Poor
Sotheby’s
Christie’s
Dow Jones
Claude Monet
Rouen
Picasso
Local Professionals Receive Awards And Promotions Across Kansas
Jill Loeffler completed an eight month anesthesia course for oral and maxillofacial surgery assistants. Larry Bussinger promoted to store manager at Dillon Store in Lawrence after long service at multiple locations since 1969. Leta White attended the 1995 Realtors Annual Convention in Atlanta and earned certification in referral and relocation services while being named Realtor of the Year by the Lawrence Board. John M. Neet started Inspection Plus in Lawrence offering engineering and environmental inspections. Kesha Larson Randy Attwood and Janice Early-Weas received Emerald Awards from the Kansas Association of Health Care Communicators for innovative public relations work. Stanley I Mintz of Lawrence received the Medical or Allied Health Services of the Year award from the Kansas Rehabilitation Association. The Options Industry Council begins free option education seminars at Overland Park. Kansas University's Small Business Development Center seeks entries for the Young Kansan Business Plan Competition with deadlines in February and March.
MENTIONED IN THIS ARTICLE
Kesha Larson
Randy Attwood
Janice Early-Weas
Kansas Association of Health Care Communicators
Stanley I. Mintz
Lawrence
The
Kansas Rehabilitation Assn
Hutchinson
Dr. Mintz
Kansas Rehabilitation Services
Kansas University
Small Business Development Center
Kusbdc
Business agenda competition and chamber mixer details
The Kansas SBDC invites juniors and seniors to join a business agenda competition to boost entrepreneurial awareness. Lawrence Chamber of Commerce hosts a Holiday Mixer December 6 at 5 p.m. at Drury Place. Kansas Bar Association plaza lights and plaza rights seminars run December 8 in Kansas City with six hours of CLE, including one ethics hour.
MENTIONED IN THIS ARTICLE
KU Sbdc
Lawrence Chamber of Commerce
Drury Place
Andrews Dr
Kansas Bar Assn
Sheraton Suites
47Th St
Kansas City
IRS tax liens filed against several entities in Douglas County
The Internal Revenue Service filed tax liens including eZamir Bavel for 34061.91 dollars, eCadillac Ranch Inc for 14285.72 dollars, and eMA Inc for 21033.75 dollars. Douglas County register of deeds records show corporate filings for Sanner & Associates Inc with Kent S. Jackson as incorporator and Automation Controls & Equipment Inc with Keith D. McGeorge as incorporator.
MENTIONED IN THIS ARTICLE
eZamir Bavel
eCadillac Ranch Inc
Ema Inc
Douglas County Register of Deeds
Sanner & Associates Inc
Kent S. Jackson
Incorporator
Automation Controls & Equipment Inc
Keith D. McGeorge
Art for Money's Sake as Investment at Sotheby's NY
Art sold at Sotheby's New York from 1950 to 1994 shows higher compound returns than common financial instruments. Important Impressionist and Modern works yield 18.4 percent over five years and 19.7 percent over ten. Impressionist and Modern pieces offer 14.5 percent over five years and 15.2 percent over ten.
MENTIONED IN THIS ARTICLE
Sotheby
New York
Japan Banks Post Strong Earnings on Low Rates Boost
Tokyo banks reported robust first half profits as record-low interest rates cut funding costs and bond trading raised income. While many banks expect weaker full-year results or losses, efforts to dispose of bad loans and government plans to tackle nonperforming assets underpin earnings. Daiwa Bank led gains with a 121 percent rise in operating profits. Sakura Fuji Tokai Asahi Sumitomo climbed 50 to 75 percent.
MENTIONED IN THIS ARTICLE
Tokyo
Japan
Daiwa Bank Ltd
Sakura Bank Ltd
Fuji Bank Ltd
Tokai Bank Ltd
Asahi Bank Ltd
Sumitomo Bank Ltd
Also Mentioned on This Page
Los Angeles Times
Jill Loeffler
American Association of Oral & Maxillofacial Surgeons
Loeffler
S. Kirk Vincent
Larry Bussinger
Dillon
23Rd Street
Naismith Drive
Bussinger
Dodge City
Massachusetts Street
Leta White
Realtors
Atlanta
Women’s Council of Realtors
National Association of Realtor
S. Leta
McGrew Real Estate
Lawrence Board of Realtors
John M. Neet
Inspection Plus
Neet
Kansas
Missouri
Santa Fe Railway
Allied Signal
American Society For Quality Control
Lawrence Memorial Hospital
LMH Vision
University of Kansas Medical Center
Janice Early
Weas
Options Industry Council
Doubletree Hotel
College Blvd
Overland Park
Cas VU Mrae
Internal Revenue Service
Openshouse Sun
Foxfire Drive
Rod Laing
Jayhawk
Lawrence Journal
Tom Jones
Goed
Kasold
Rebecca Edwards
Creative Sports
Univ. of Kansas
9Th
Iowa
Sun
Journal
Worip
Car News & Car Solutions
Miles E. Schnaerner