Business Services Industry
Soros Will Close His Emerging Market Fund.
Israel Business Today, October, 1998
The international billionaire financier George Soros has decided to close Quantum Emerging Growth and Emerging Dolphin funds. Both of these funds have been hit by the world emerging market crisis and have dropped in value this year by billions of dollars. Mr. Soros claims that the performance of these funds is not the reason for his decision to close them, but is part of a company - wide strategic restructuring plan.
He does not think one year's results can speak for the success of a fund. He points to the average 34 percent annual returns his funds have had since 1969 as the true yardstick of how investors have profited with his funds. Mr. Soros funds have invested in various Israeli companies, the best known being El Roy Real Estate Company traded on the Tel...
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- LIFO vs. FIFO: a return to the basics
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
- Design a commission plan that drives sales - Sales Commissions
