Fund managers sell US bonds amid concern over Fed Reserve rate hike Fund managers in many major markets are cutting back exposure to US treasuries amid concern that the US federal reserve may have to carry on raising interest rates. GICMF net assets drop to Rs 377.7 cr The net assets under management of GIC Mutual Fund have shrunk by over 100 per cent in the last years from Rs 884 crore on March 31, 1998 to Rs 377.73 crore on March 31,2000. Xerox stock falls to five-year low Xerox Corp shares on Friday fell to five-year lows after the photocopier maker disclosed late Thursday that US securities regulators are probing accounting issues at its Mexican business. Deldot Systems plans IPO at a price of Rs 70 Hifunda.com to go public; plans par IPO Baring Equity to raise $100m fund for India Short-term funds offer better management of your idle money GDR Software -- Operators make the scrip volatile Markets to stay volatile; play safe in short-term Deutsche Boerse, Emetra plan Web metals derivatives trade RBI against FIIs paying futures margins in dollars Zee volumes touch dizzy levels Foreign markets Click Here for Market Indicator Tables - Top Gainers/Losers of the day - New Highs/Lows achieved during the day
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