Richard Saler, who manages a $ 350 million emerging markets fund at Lexington Management Corp . usually jumps at markets that have gotten beaten up.
22.
"It's been very speculative, and there's been a lot of ` hot money'in that, " said Saler.
23.
Saler also bought shares in Malaysia Assurance in mid-May when they fell from 15 ringgits to 11 ringgits on concern that changing insurance regulations would hurt earnings.
24.
Ideal golf conditions, sunny with little wind, put the cutoff score at par, 144 strokes, surprisingly low for a course such as the El Saler.
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When there was no opposition it was simple to implement policy, " said Richard Saler, at Lexington Management Corp . with $ 275 million in emerging markets.
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"Some ( mutual ) funds are facing redemptions right now, and they have to raise cash, " by selling shares in Asia, Saler said.
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The limited volume of withdrawals means Lexington's Saler and other managers can use the declines Southeast Asian markets to buy more stocks rather than sell to cover redemptions.
28.
The half point gave the defending champions an unbeatable 14.5-10.5 lead over Continental Europe with three matches still unfinished on the El Saler links course.
29.
Thomas Saler, author of " All About Global Investing " ( John Wiley & Sons ), likes T . Rowe Price International Stock and Vanguard International Growth.
30.
Richard Saler, who manages a $ 350 million emerging markets fund at Lexington Management Corp . in Saddle Brook, New Jersey, usually jumps at markets that have gotten beaten up.