Rory Kennedy News
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Until President John F. Kennedy put a stop to it, his mischievous sister-in-law Ethel wasn’t above toppling a visiting politico or two into the family swimming pool.
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Directors at the Sundance Film Festival often thank family members in the audience. It’s safe to say that Rory Kennedy -- the youngest child of Robert and Ethel Skakel Kennedy, born after her father’s assassination in 1968 -- had the longest list. For the premiere screening of “Ethel,” her new documentary, more than 20 Kennedys and in-laws showed up, including the subject.
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If idiocy were a capital crime, at least 73 percent of Congress would be facing the hangman.
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The number of new hedge funds investing in Japan is set to reach the highest since 2006 as global banks consider closing their proprietary trading units.
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The suspension of AIJ Investment Advisors Co.’s operations amid concerns hedge funds it manages had lost pension money may undermine plans by Japan’s retirement funds to boost returns to meet demand in an aging society.
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Finnowave Investments , a Japanese hedge-fund firm, aims to quadruple assets to 100 billion yen ($1.2 billion) in about two years after it won a license to manage funds, making it easier to lure local pension money.
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T&D Asset Management Co., with about $27 billion in assets, closed its Japan-focused hedge fund because of higher-than-expected trading costs and returned money to clients, according to four people familiar with the matter.
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Hedge funds fell 1.2 percent in May, ending a 10-month winning run, as market volatility from the European sovereign debt crisis increased, according to Eurekahedge Pte.
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