|
Top Stories |
|
Och-Ziff Capital Seeks Up to $1.19 Billion in IPO (Update2)
Source:
Bloomberg
Och-Ziff Capital Management Group LLC, the hedge-fund manager
run by former Goldman Sachs Group Inc. trader Daniel Och, plans
to raise as much as $1.19 billion in an initial public offering,
less than originally sought.
More...
From uranium to barges, hedge funds covet all
Source: Reuters
Hedge funds may not be the obvious candidates to run electricity
grids or barge fleets, but the race to generate ever greater
returns is luring more of them to do just that.
More...
Hedge-Fund Collectors Tour London's Backstreets to Find Artists
Source: Bloomberg
When Insinger de Beaufort Holdings SA handed Fiona Fenn-Smith
30,000 pounds ($60,874) to buy art for the private bank's
collection, she turned away from London's chic West End
galleries and headed east instead, to seek out emerging talent.
More...
Paulson's Subprime Hedge
Source: BusinessWeek
A $20 billion hedge fund may have hit on a unique investment
strategy for playing the subprime mortgage bust: fund a
consumer-protection group. Paulson & Co., which has seen its
assets under management soar this year through fortuitous bets
in the subprime market, has given $15 million to the Center for
Responsible Lending, a Washington nonprofit that has been
lobbying on Capitol Hill for passage of bankruptcy legislation.
More...
More of Today's
Stories continued below... or
Today's Stories unabridged on the
web
|
|
|
Term of the Day & Related News |
Diversification
Diversification is a
measure of the commonality of a population. Greater
diversification denotes a wider variety of elements within that
population. Diversification is of central importance in
investments. Diversification reduces the risk of a portfolio. It
does not necessarily reduce the returns. This is why
diversification is referred to as the only free lunch in
finance.
More...
Related News:
Why a one-stock
strategy can beat safety in numbers
Source:
The Age
CAPTAIN Cook, the first of a long line of English
captains to conquer Australia, will tell you. Discover
any group of humans, no matter how remote, and they will
have a god and a religion.
It was not someone's idea; it is a human need, to huddle
under an omnipotent being and a creed. To have all the
biggest questions in life, any question in life,
answered, not by logic, but by a guru and his teachings.
More...
Help investors
diversify intelligently
Source:
InvestmentNews
Financial planners and investment advisers apparently
are doing their jobs well — their clients and other
individual investors are diversifying their investments
as never before.
That is the implication of the report in InvestmentNews
last week that said net new cash flows into stock funds
have declined significantly since the all-time peak
reached in January 2000.
More... |
|
|
Scholarly Article & Related News |
Ancient Redwoods, Junk
Bonds, and the Politics of Finance
by
Harry Deangelo & Linda Deangelo
In 1986 Pacific Lumber (PL). the largest private owner of
old-growth redwood trees, was acquired in a highly leveraged
hostile takeover by MAXXAM Group. MAXXAM subsequently
doubled the rate at which PL harvested its ancient redwoods,
precipitating 10 years of environmental protests and
intensive coverage in the national news media. This highly
negative coverage almost universally blames the junk
bond-financed takeover for the threat to PL's ancient
forests, and thereby provides for many people unequivocal
evidence of the distinctive impact of 1980s Wall Street
greed...
More...
Related News:
High-yield market in
limbo: specialist
Source:
MarketWatch
There is a standoff in the high-yield corporate debt
market as higher spreads are enticing income-hungry
investors and oversupply fears linger, but underwriters
are holding out in hopes for more favorable prices,
according to J. Giordano Securities' managing director.
More...
Sri Lanka begins
international junk bond roadshow
Source:
Khaleej Times
Sri Lanka began roadshows yesterday to sell its first
overseas bond issue as ratings agency Fitch warned that
a worsening of the island’s ethnic conflict could lead
to a credit downgrade.
More... |
|
|
|
Top Stories by Category |
|
|
|
|
Book of the Day & Related News |
Book Description
To "sell short" on Wall Street, an investor
finds overpriced stocks and then deals them
before actually buying them. Regularly
falling in and out of favor, the discipline
remains one of the financial market's
highest-risks but most profitable practices.
The Art of Short Selling by Kathryn Staley,
an expert in the field, uses examples and
instructions to show how it can be done
successfully--while cautioning that it "is
not for the faint of heart." |
Sandell Settles SEC
Charges Over Katrina Short Sales
Source:
The Wall Street Journal Online
The Securities and Exchange Commission said Wednesday it
had reached an $8 million settlement with hedge fund
adviser Sandell Asset Management Corp. over improper
short sales made in the wake of Hurricane Katrina.
More...
Three Strategies
Every Short Seller Must Know
Source:
TheStreet.com
In the last installment of The Finance Professor, I
explained the mechanics and operational aspects of short
selling. Now I want to address short selling from a
trading and investment perspective.
More...
|
|
|
Personal Interest |
|
Gore Wins the Nobel.
But Will He Run?
Source:
TIME
For the past year, Al Gore has gone about his
considerable business without showing much interest in
running for president. While picking up an Oscar and an
Emmy, publishing a very smart book and playing host at a
global concert for the planet, he's never done more than
tease the idea. And yet all that time, the leaders of
the Draft Gore movement have been clinging to a single
fervid dream: that Gore would win the Nobel Peace Prize
and use it to catapult himself to an eleventh-hour bid
for the presidency.
More...
Kodak ending Olympic
sponsorship
Source:
BusinessWeek
Photography and imaging firm Eastman Kodak Co. said
Friday it will end its sponsorship of the Olympic Games
following the Summer Olympics in Beijing in 2008 as the
company moves in a new direction.
More...
|
|
|
Advertising Space Available
 |
