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Top Stories |
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Borsa
Italiana opens door to hedge funds
Source:
FinancialNews-US.com
Borsa Italiana has become the first large exchange to target
hedge funds and asset managers for business. More...
Presidential
Candidates Flock to Hedge-Fund Enclave
Source:
The New York Times
Senator John McCain did it. Former Gov. Mitt Romney of
Massachusetts did it. President Bill Clinton, on behalf of his
wife, Senator Hillary Rodham Clinton, did it. They all made
recent pilgrimages to Greenwich, the leafy Connecticut suburb
that is home to an inordinate number of hedge funds and,
increasingly, a required stop on the presidential fund-raising
tour, The New York Times reports.
More...
Deutsche Bank Joins
the Hedge Fund Replication Party
Source:
SeekingAlpha
Last week, Deutsche Bank (DB) joined the hedge fund replication
party with its new "DB Absolute Return Beta Index". While it is
still too early to gauge the success of the offering, the
company’s press release contains some hints about the way it
will be spinning this latest entry in an increasingly crowded
field.
More...
UK fund firm Liontrust
eyes hedge fund launches
Source:
Reuters UK
British fund boutique Liontrust Asset Management (LIO.L: Quote,
Profile , Research) told Reuters on Tuesday it was planning to
launch a range of hedge funds or similar portfolios for its
managers, including high-profile fund manager Jeremy Lang.
Liontrust, which said on Tuesday its assets under management
rose 8 percent to 5.5 billion pounds ($10.93 billion) in the
year to end-March, said it may launch the hedge funds next year.
More...
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Term of the Day & Related News |
Emerging Markets
Emerging markets
strategies focus on traditional fixed income, value and growth
equity investments in markets outside of the United States and
Western Europe, including Asia and Latin America as well as
Eastern Europe, Africa and the less developed Mediterranean
economies. Emerging markets are highly volatile and information
relating to the securities traded in these markets is often
difficult to obtain. Such inefficient markets offer excellent
opportunities for the resourceful manager.
More...
Related News:
Emerging Opportunities in Emerging Markets
Source: The Motley Fool
Portfolio diversification is not a new concept, though it can be
a foreign one. By that, I mean that investors like you and me
can often reduce our overall equity investing risk by buying
into overseas markets.
More...
Fidelity launches fund for emerging markets
Source:
Fund Strategy
Fidelity International is to expand its offshore fund range with
the launch of the Emerging Europe, Middle East and Africa (EMEA)
fund in June.
The fund is to be managed by Nick Price. He has not managed a
fund before but has run emerging EMEA assets over the past two
years
More... |
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Scholarly Article & Related News |
Do
fixed income securities also show asymmetric effects in
conditional second moments?
by
Lorenzo Cappiello
The so-called “asymmetric volatility” phenomenon is one of
the empirical regularities shown by (conditional) estimates
of equity second moments. Typically, volatility increases
more after negative than positive return shocks of the same
magnitude, and, sometimes, it even falls subsequent to an
increase in stock prices. Two explanations have been put
forth for this phenomenon: The leverage effect hypothesis,
due to Black (1976) and Christie (1982), and the volatility
feedback effect proposed by Campbell and Hentschell (1992)
and extended by Wu (2000). Surprisingly, whereas there has
been a proliferation of conditional econometric models able
to capture asymmetry in volatility (see Hentscell, 1995, for
a synthesis), there is a lack of conditional econometric
specifications able to explicitly model asymmetry in
covariances.
More...
Related News:
Pru Malaysia launches income fund
Source:
AsianInvestor.net
Malaysia’s Prudential Fund Management has tapped into
strong domestic fundamentals and retail demand for
offshore assets by launching its Enhanced Income Fund.
The new fund will invest into three distinct asset
classes that comprise of fixed income securities and
money market instruments, equities and equity-related
securities and collective investment schemes such as
Reits in Asia-Pacific.
More...
State Street Launches Fixed Income Exchange Traded Funds
Source:
BusinessWire
State Street Global Advisors (SSgA)(a), the investment
management arm of State Street Corporation (NYSE: STT),
today announced five new fixed income SPDRsSM exchange
traded funds (ETFs) will begin trading on the American
Stock Exchange (Amex) on May 30.
More... |
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Top Stories by Category |
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Book of the Day & Related News |
Book Description
Financial wizard Mahesh Kumar shows how to
guard against the inherent riskiness of the
stock market while still reaping the
benefits of a profitable portfolio in his
new book Wine Investment for Portfolio
Diversification: How Collecting Fine Wines
Can Yield Greater Returns than Stocks and
Bonds. It’s a thorough piece of academic
analysis, which combines the Nobel Prize
winning Markowits Theory and Kumar’s Fine
Wine Fifty Index and empirically proves that
Fine Wine is one of the best diversification
tools available (whether you’re high-finance
or a modest personal investor). |
Diversification Pays Off for the Holiday Portfolio
Source:
TheStreet.com
On this Memorial Day, it's time once again to take a
look at TheStreet.com's Holiday Portfolio.
Given the stock market's impressive strength, I'd expect
the performance of this diversified basket of five
equities to correlate roughly with market averages. And,
well, that's essentially what happened.
More...
Concentration v/s Diversification – What to choose?
Source:
Moneycontrol India
Diversification is a strategy to reduce the risk
(downside) whereas concentration is a strategy to
enhance returns (upside).
More...
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Personal Interest |
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New Planet Bonanza Offers Clues in Search for Other
"Earths"
Source:
National Geographic
Twenty-eight new planets have been discovered outside
the solar system in the past year, scientists announced
yesterday.
The new discoveries raise the total number of exoplanets—worlds
that circle other stars—to 236.
More...
Disney's Pirates land box-office booty
Source:
Guardian Unlimited
Mediocre reviews have failed to slow the Pirates of the
Caribbean money-making juggernaut as the third
instalment in the fantasy series, At World's End,
attracted the highest ever tally in global box office
takings for its first six days in cinemas.
More...
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