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Top Stories |
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Thames River Multi Hedge to raise further assets
Source:
Reuters UK
Thames River Multi Hedge fund plans to raise up to 100 million
pounds in new assets, its second fundraising in a matter of
months, because of investor demand for absolute return products.
More...
Merrill Severs Ties With Former Executive Kim's Fund (Update2)
Source: Bloomberg
Merrill Lynch & Co., the world's largest brokerage, won't invest
in the hedge fund started by former co-head of trading and
investment banking Dow Kim, three people with knowledge of the
matter said.
More...
Financial Globalization's New Power Source
Source: The
Wall Street
Journal Online
In the blizzard of headlines about borrowing by private-equity
firms, rising oil prices and accumulating hoards of cash at
Asian central banks, it's hard to tell if this is part of the
same old story of money sloshing around the globe, or if
something big is happening.
Pension funds, mutual funds and insurers still hold a bigger
chunk of the world's financial assets ($59.4 trillion) than more
recent pools of capital. But four newcomers are gaining rapidly:
Asian central banks, hedge funds, private-equity funds and
petrodollar investors, the ones pocketing the proceeds from
$80-a-barrel oil.
More...
INTERVIEW-Hedge fund Tiberius looks beyond futures trading
Source: Reuters UK
Commodities fund manager Tiberius is considering diversifying
beyond trading futures contracts, and joining a small but
expanding group of hedge funds spreading their wings into
physical markets.
More...
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Stories continued below... or
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Term of the Day & Related News |
Fixed Income Arbitrage
Fixed income arbitrage
attempts to capture mispricings which develop between related
classes of fixed income securities — mispricings which may be
exploited, on a leveraged basis, for significant returns. This
general strategy type includes basis (e.g., cash vs. futures),
yield-curve and credit spread trading, as well as volatility
arbitrage. An unusually high degree of leverage is often
available, and often emphasized, in fixed income arbitrage.
More...
Related News:
Merrill says head of
fixed income has left firm
Source:
Reuters
The world's largest brokerage Merrill Lynch, which is
expected to announce third-quarter losses in fixed
income, said on Wednesday that Osman Semerci, global
head of fixed income, currencies & commodities, has left
the firm.
More...
UBS expected to post
big fixed-income loss: report
Source:
CNNMoney.com
UBS, the Swiss bank, is expected to announce Monday a
third-quarter loss of 600 million to 700 million Swiss
francs ($510 million to $600 million) from its
fixed-income unit, according to a published report.
More... |
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Scholarly Article & Related News |
Distressed
Debt-Investing in Deutschland
by
Christoph Schalast and Christian Daynes
The global distressed debt market has been established for
some years now, however within this investment universe
German Distressed Debt is generally considered as
underdeveloped. The aim of this paper is to highlight why
Investments are transacted and the framework of processes
involved within the German market additionally; the paper
focuses on current active investors and concludes with a
market survey covering the impressions of these
participants.
More...
Related News:
Halbis launches
macro fund
Source:
Reuters UK
HSBC Halbis Partners, the active fund management arm of
HSBC Investments, has launched a global macro hedge fund
and says distressed debt strategies will also offer
opportunities for investors.
More...
Dalton Investments
Launches Distressed Mortgage Strategy
Source:
Yahoo! Finance
Dalton Investments, LLC, a SEC- registered investment
management firm serving institutional and private
clients, today announced that it is offering a new
distressed-mortgage strategy that will buy defaulted
loans from mortgage servicing companies at significant
discounts and restructure them, providing affordable
monthly payments for homeowners and a residential
mortgage- and real estate-backed investment vehicle for
Dalton's investors.
More... |
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Top Stories by Category |
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Book of the Day & Related News |
Book Description
Investors, traders, and speculators alike
have searched for a dependable source of
alpha for as long as there have been
financial markets. How much of this search
is art, and how much is science? The answer
to this and other questions can be found
within this provocative and highly
entertaining book. Some of the topics
covered in Searching for Alpha include: *
The three reasons why the mutual fund
industry will always underperform the
overall stock market * How to profit from
the idiosyncrasies of human behavior * What
the waxing-and-waning tendency of oil wells
can tell us about the impact of technology
on the investment management industry * The
profit potential of value stocks for the
next decade. |
The World Wakes Up
To Alpha-Centric Investing
Source:
SeekingAlpha
Two stories this week show that alpha-centric investing
is taking hold. The first is the release of a new white
paper by Casey Quirk and Merrill Lynch. The report says
that “Active alternative investments, including hedge
funds, will more than double to around $11 trillion by
2011…”
More...
Research and Markets
: Active Alpha: A Portfolio Approach to Selecting and
Managing Alternative Investments
Source:
Yahoo! Finance
Research and Markets (http://www.researchandmarkets.com/reports/c70212)
has announced the addition of Active Alpha: A Portfolio
Approach to Selecting and Managing Alternative
Investments to their offering.
More...
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Personal Interest |
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Verizon unveils its
answer to iPhone
Source:
SignOnSanDiego.com
Verizon Wireless has taken the wraps off its contender
in the “iPhone killer” category: the Voyager from LG
Electronics.
More...
About 2,000 trapped
miners rescued in South Africa
Source:
MarketWatch
Roughly 2,000 of the 3,200 miners trapped in a South
African gold mine have been rescued as the slow process
of lifting them more than a mile to the surface
continues, according to media reports Thursday.
More...
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