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Hennessy Japan Fund Reduces 13 Stakes in 4th Quarter

2016-01-07 03:56:08| Food - Topix.net

Of the 21 companies involved in its transactions in the fourth quarter ended Oct. 31, 2015, Hennessy Japan Fund reduced its stakes in 13. Its most noteworthy transaction, however, was its acquisition of a 115,600-share stake in SoftBank Group Corp. , a Tokyo-based telecommunications company with operations in ecommerce, Internet, technology services, financial services and other businesses. The Fund paid an average price of 6,624.28 per share.

Tags: japan fund quarter 4th

 

Hennessy Japan Fund Reduces 13 Stakes in 4th Quarter

2016-01-07 01:35:31| Grocery - Topix.net

Of the 21 companies involved in its transactions in the fourth quarter ended Oct. 31, 2015, Hennessy Japan Fund reduced its stakes in 13. Its most noteworthy transaction, however, was its acquisition of a 115,600-share stake in SoftBank Group Corp. , a Tokyo-based telecommunications company with operations in ecommerce, Internet, technology services, financial services and other businesses. The Fund paid an average price of 6,624.28 per share.

Tags: japan fund quarter 4th

 
 

Third Avenue Value Fund Sells Nearly Half of Stake in POSCO

2016-01-06 01:09:50| Steel - Topix.net

Although Martin Whitman has a reputation for being a "buy and hold" investor, many of Third Avenue Value Fund's largest transactions in the fourth quarter, which ended Oct. 31, 2015, were reductions. The fund's most significant fourth-quarter transaction was the reduction, by more than 48%, of the stake in POSCO , a Pohang, South Korea-based steelmaking company.

Tags: half avenue fund sells

 

Brandes International Equity Fund Annual Letter 2015

2016-01-05 20:55:10| Steel - Topix.net

Non-U.S. equities finished lower in the 12 months ended September 2015. Concerns about slowing economic growth, especially in China, contributed to the decline, along with weak oil prices and uncertainties over the timing of a U.S. interest-rate increase.

Tags: international letter annual fund

 

South Korean Government to create $1.2bn ship investment fund

2016-01-04 01:00:00| Ship Technology

The South Korean Government has announced plans to set up a $1.2bn fund for the shipping industry which is reeling under the effect of dwindling global trade.

Tags: create south government investment

 

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