49 articles found within the last year.
Displaying results 1 - 20
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Debt defaults hit record but expected to slow
Default rates of low quality debt at European ... Rating agency Standard & Poor’s expected the number ... The figure, which followed the agency’s last reported ... The research tracks companies in the EU, Norway, ... The aggregate outstanding debt held by the 81 ... The acceleration in defaults followed the collapse of...
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Why the Rich Like These Bare-Bones Products
Exchange-traded funds don't exactly shout "I've arrived!" the ... And how the wealthy use them depends on ... Ira Walker, a UBS advisor in Red Bank, ... Firms like Morgan Stanley Smith Barney say that ... "That a bank the size of Lehman Brothers ... High-net-worth advisors increasingly are experimenting with ETFs, which,...
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Man Group has FTSE's best-paid finance director
Kevin Hayes, finance director of listed hedge-fund manager ... But Hayes' 2008 package fell far short of ... FDs, along with other directors, have taken a ... However, she added that the lower remuneration packages ... The financial services sector has been particularly hard...
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Comment: Investors lose their nerve
Actors often say their performance goes off the ... The market has reached an equally dangerous period ... Investors appear to have decided they need evidence ... The latest purchasing figures supplied by the US ... Any number over 50% indicates growth, but achievements ... The perfect illustration of the current level of...
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No future for forecasts at Lombard Odier
In a determined bid to reinvent its investment ... Unlike other managers, Paul Marson, appointed investment chief ... “People make them because it feels good to ... Marson quotes philosopher Bertrand Russell: “The demand for ... He argues that earnings, and hence share prices,...
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Private banks positive on global recovery
A consensus has developed among chief investment officers ... Equities were favoured, with private banks either positive, ... Although private banks agreed that the appetite for ... Here Financial News looks at the investment views ... Wealth managers were in agreement that global economic...
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Income Gap Shrinks in Slump at the Expense of the Wealthy
The deepest downturn in the U.S. economy since ... If so, it won't be by lifting up ... Over the past 30 years, chief executives, Wall ... The top 1%'s share appears to be falling ... One early indication: Median chief-executive pay at companies ... "Based on past experience, it looks like inequality...
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36 South bets on growth as hedge funds try to rebuild
Trying to raise money for a risky new ... His firm, 36 South Investment Managers, is marketing ... Despite signs that institutions and individuals are starting ... Then the vast majority of hedge funds did ... Hedge funds will "likely require more than deft ... In the past, many hedge funds closely guarded...
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Grantham predicts ‘seven lean years’ for stock market
Jeremy Grantham, who correctly called the market's bottom ... In his latest newsletter, the famous money manager...
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Atticus founder puts investors first with fund closures
The founder of activist investor Atticus Capital took ... Tim Barakett made the decision yesterday to close ... Over the longer term, Atticus's performance has been ... Atticus was among a small group of firms ... Barakett will continue as chairman and chief executive ... In a letter to investors yesterday, he wrote:...
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Tailored Returns
In 2001, long before Bernard Madoff burst into ... Well, sorry, Bernie -- Arvedlund now has the ... Madoff's London office played a large role in ... -- Madoff Securities International Limited, as the London ... -- The London office had electronic terminals that ... -- By 1989, however, the Nasdaq extended its...
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Comment: Time to learn from the Etruscan approach
In ancient Rome, it was easy to foresee ... In this age of turbulence, getting a fix ... Rather than goats, strategists are inspecting any number ... Their iterations go on to be reiterated by ... When prices move too far, or different data ... Late last week, Tim Bond, head of asset...
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US advisers pull back from alternative ETFs
The US wealth management arm of UBS has ... UBS said in a statement yesterday that it ... Ameriprise Financial has also told its advisers to ... Other financial advisers in the US, including LPL ... The news comes after the Financial Industry Regulatory ... Two weeks ago Massachusetts' secretary of state William...
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Exchange-traded funds race ahead of rival asset classes
The exchange-traded funds industry has outpaced other types ... Over the same period, the global mutual funds ... Private equity assets under management, including both invested ... Private equity real estate assets under management, again ... Today, continuing inflows into ETFs have cemented the...
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ETF assets near pre-crisis peak
Assets under management in exchange-traded funds are near ... The global ETF industry now holds $789bn (€569bn) ... The booming industry has seen assets grow at ... As a result of continuing inflows, assets in ... The news comes as traditional asset managers continue ... Financial Research Corporation, a fund research firm based...
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Hedge funds, rebounding, gain 10% in first half of year
Halfway through 2009, hedge funds are keeping it ... While that early estimate of hedge-fund returns is ... Now, many hedge funds have returned to their ... According to data from Hedge Fund Research going ... Among large managers, a fund run by Clint ... In a letter sent to investors and reviewed...
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Hedge funds still high priority for traditional managers
Nearly half all traditional asset managers list expanding ... About 45% of traditional asset managers surveyed by ... The research comes after the hedge fund industry ... Hedge funds had also made 9.4% this year ... Morten Spenner, chief executive at fund of hedge ... Aspiring hedge fund managers are already seeking to...
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Investors ponder what price to put on beauty
“Art for art’s sake” was an adage dreamt ... The big prices paid for works of art ... During the same period, almost every other asset ... Craig Robins, a multi-millionaire Miami-based collector, said: “Approaching ... “People get excited by the headline auction figures...
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Analysts upgrade fund houses as markets rise
Analysts at investment bank Keefe, Bruyette & Woods ... In a report released today, analysts Robert Lee ... They wrote: "Given the strong rebound in equity ... Affiliated Managers Group received special attention, as the ... However, the analysts added that the market rebound...
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Five more who saw it coming...
Nouriel Roubini, Nassim Taleb and Robert Schiller are ... Financial News lists five more individuals – two ... Below is a summary of their thoughts pre-crisis ... • Raghuram Rajan, professor of finance, University of ... In a now-infamous 2005 meeting of economists in...
