Market-neutral funds emerge in mutual investments
The article explains market-neutral mutual funds that balance long and short positions to protect against market declines. It cites Berkleley based studies, cites Barr Rosenberg as a pioneer, notes limited current availability, potential higher returns in down markets, and warns of risks from misjudged short positions and complex models.
MENTIONED IN THIS ARTICLE
Ron Kahn
Berkeley
Calif
BARRA
Kahn
Bill Rocco
MorningStar
Barr Rosenberg
Susan Belden
Belden
Lipper Analytical Service
Portfolio pruning boosts some returns but only slightly
A Schwab study finds annual pruning of underperforming mutual funds can raise long term gains modestly versus buy and hold. The benefit is small, suggesting pruning is a guideline rather than a mandate, with discipline and tax considerations as potential advantages.
MENTIONED IN THIS ARTICLE
New York
Charles Schwab & Co
Schwab
Center For Investment Research
Mark Riepe
Riepe
ToyMax chief Lifbert rides creative toy wave to growth
PLAINVIEW, N Y AP Steven Lebensfeld president of ToyMax International Inc says toys are fashion and edge in building market share. He traces a career from early toy making to cofounding Toy Biz and licensing Marvel and DC characters to a $4 million start that now yields hundreds of millions in sales. By 1990 Toy Biz was sold to an investor group including Ron Perelman.
MENTIONED IN THIS ARTICLE
Plainview
N.Y
Steven Lebensfeld
Tom Hanks
Lebensfeld
ToyMax International Inc
ToyMax
Wall Street
Long Island
Queens College
New York
Toy- Max
HG Toys
Hong Kong
Toy Biz
Marvel Comics
DC Comics
Revlon
Ron Perelman
Toll free numbers tailor service to top customers
Companies use new technology to identify callers by phone number and route them to top agents, creating a high priority path for best customers. AT&T directs peak clients to elite sales staff, Schwab assigns high opportunity users a special 800 line, and Pacificorp prioritizes new customers for quick, high quality responses.
MENTIONED IN THIS ARTICLE
At&t Corp
Charles Schwab & Co
Schwab
Northwest Electric Company Pacific Corp
Dan Yates
Wasatch
Salt Lake City
Chrysler executives to gain big sums from merger with Daimler
Chrysler top leaders stand to reap multimillion dollar payouts under the proposed Daimler-Benz merger. Robert Eaton would receive about 69.9 million, including 3.7 million in cash and 628277 DaimlerChrysler shares. Lutz Stallkamp and others also gain stock and future appreciation rights as part of the deal. Daimler estimates 3.1 billion in savings over three to five years.
MENTIONED IN THIS ARTICLE
Chrysler Corp
Daimler-Benz AG
Robert J. Eaton
Eaton
DaimlerChrysler AG
Daimler-Chrysler
Chrysler
Daimler- Chrysler
Peter Gleason
Pritchett & Associates
U.S. Securities and Exchange Commission
Wilmington
Del
Robert Lutz
DaimlerChrysler
Thomas T. Stallkamp
Daimler-Benz
Daimler
Also Mentioned on This Page
ToyMax Intl
ToyMax International Corp
Mark Ambrose
Citicorp
The
Associated Press
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