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Concentrated Fund Draws from Veteran Managers' Best Ideas
BOSTON -- Natixis Global Associates (NGA), named by Financial Research Corp. as the fastes...
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...John Hancock Patriot Preferred Dividend Fund. File No. 811-7590. John Hancock Patriot Global Di...Delafield Fund, Inc. File No. 811-8054. Summary: Applicant s...
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Waukesha Moved by Brett Favre's public support for his wife, Deanna, in her battle against cancer, portrait artist Chuck Weber bestowed the couple with a wooden chip: "redeemable for one day of my life.
The famous couple will redeem that promise on March 12, when Weber paints an oil portrait of the Favres during a fund-raiser for women with cancer at the Grand Casino in Biloxi, Miss., near the couple's hometown of Hattiesburg.
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By KELLY SMITH
Officials of the Lake Country Fire and Rescue (LCFR) and the City of Delafield are optimistic that administrators of the Wisconsin state employees' trust fund are about to reverse a decision they made last month to deny state and federal retirement benefits for full- and part-time firefighter-paramedics in the newly created fire department.
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This latest stock-market rally can't be written off as just another bubble, says Bob Carlson's Retirement Watch newsletter (3700 Annandale Road, Annandale, VA 22003). "Corporate profits are growing faster than expected. Productivity continues to increase, as does personal income. Consumer spending is strong. Business balance sheets are improving, and the threat of deflation seems to have passed. Clearly, the financial fundamentals have improved, justifying higher stock prices.
-- Delafield Fund is an old-fashioned value fund that has employed its traditional approach to small-stock picking to produce 15.7 percent average annual gains over the past three years. Delafield looks for little companies with generous free-cash flow, solid earnings power and undervalued assets. It will often b...
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Delafield To help fund residence hall renovations and build an athletic field house, a foundation has promised to match money raised in the St. John's Northwestern Military Academy capital campaign up to $2 million.
The school announced that the Roger and Lilah Stangeland Foundation will match gifts to help fund improvements at the academy, which attracts students from around the world, as part of its $25 million Cadets First fund-raising effort.
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NEW YORK - It's the spoiled brat market.
Dozens of companies this past month posted blow-out earnings but instead of being thankful, investors stomped their feet and sold. The result: The Dow Jones industrial average fell 3.5 percent in January, the worst month for stocks since the depths of the bear market last year.
...Dennis Delafield, co-manager of the $700 million Delafield Fund, sa...
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Delafield - To help fund residence hall renovations and build an athletic field house, a foundation has promised to match money raised in the St. John's Northwestern Military Academy capital campaign up to $2 million.
The school announced that the Roger and Lilah Stangeland Foundation will match gifts to help fund improvements at the academy, which attracts students from around the world, as part of its $25 million Cadets First fund-raising effort.
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Waukesha -- Aiming to jumpstart expansion plans, Waukesha County's historical museum has filled its vacant executive director position with a consultant who has never worked in a museum but specializes in fund raising.
Kirsten Lee Villegas, who lives in Delafield, was chosen from an estimated 50 applicants to take the helm at the Waukesha County Historical Society & Museum.
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In the past 67 years, growth stocks have gained an annualized 10.8 percent and value stocks an annualized 10.6 percent, notes Turner Investment Advisory. "But in the past five years, growth stocks have lagged, actually declining an average 0.1 percent annually, while value stocks have risen an average 12.5 percent annually. History suggests that growth stocks should start outperforming value stocks again soon, since the two categories have always reverted to the mean.
-- Delafield Fund employs a pure bottom-up approach to stock picking, combing the new-low lists for special situations, reorganizations or new managements. It's particularly fond of companies with lots of free cash flow. Such bottom-fishing often produces huge sector bets and concentrated portfolios. It has also produced ...