Word: swiss
(lookup in dictionary)
(lookup stats)
Dates: during 1960-1969
Sort By: most recent first
(reverse)
...impetus for the current European boom in mutual funds began with the return to convertibility of most European currencies. Excited by the prospect of being able to invest abroad and take home their profits in hard francs, Swiss bankers hurried to set up a clutch of new mutual funds. The Swiss master of mutuals is a Zurich banker named Ernest Renk, who runs a combine called Intrag for the giant Union des Banques Suisses and three smaller banks. Intrag manages ten separate mutual funds with combined assets of $500 million, specializing in investments in different parts of the world...
Liquor Assets. The boom has launched some oddities. Three Swiss funds invest solely in Scotch whisky futures, betting that the drinking public's thirst will force up prices by the time the liquor matures. In one of the whisky funds, an investor who wants to withdraw can, if he wishes, literally convert his shares into liquid assets. Another Swiss fund called "Berlin 1961" promised that its investments would go entirely to beleaguered West Berlin-a proposal that enraged Swiss bankers, who contended that the idea compromised Swiss neutrality...
...tension but surprisingly little violence, the Dominican Republic last week seemed to be heading for stability. Seven months after the assassination of Trujillo. which ended 31 years of dictatorship, a peaceful transition to democracy was agreed to by all factions. If all now goes well, there will emerge a Swiss-style Council of State, and free elections will be held next year. Agreement on all this was reached by the opposition and by President Joaquin Balaguer and the army's strongman. General Pedro Ramón Rodriguez Echavarria...
Some leaders of the new wave: ∙DOLORES WETTACH is lush, Lorenesque, and doubly foreign (her father is Swiss, her mother Swedish); she moved at the age of five from Switzerland to Flushing, N.Y., where her father set up a mink ranch. Now about 24 ("You learn not to be too exact"), Dolores was elected Miss Vermont in the 1956 Miss Universe contest, graduated in 1957 from the University of Vermont with a B.S. in nursing. While she was working as a nurse at Manhattan's Doctors Hospital, a sharp-eyed photographer saw beyond her heavy oxfords, asked...
...government sound trucks to try to woo the mob and break the strike. Then Rodriguez Echaverria stiffly rejected as ''inadmissible" a compromise plan that Puppet Balaguer quietly proposed to Dr. Viriato Fiallo, head of the opposition U.C.N., under which Balaguer would resign in favor of a Swiss-style Council of State...