Archive: 11/15/2007
Main News
A new research study indicates with empirical data that hedge funds receiving both seeding and operational support from a larger investment organization or service provider tend to outperform the broader hedge fund universe on a risk-adjusted basis.
The Tide Of U.S. Insurer Investment Risk Is Rising
For the past few years, investment risk has usually not been a key factor in our analysis of insurers' creditworthiness. However, we believe insurer investment risk is on the rise, and we are increasing our focus on it. Many insurers are facing the reality that in the current interest rate environment, asset returns barely cover the cost of the liabilities. We see this situation increasing the pressure for higher returns through various approaches, and an increasing proportion of insurance cash flow will be directed toward alternative investments.
To learn more, click or copy and paste the URL below:
(subscription required)
http://standardandpoors.rsys1.net/servlet/cc5?kHiQYYWBQTVsLgHxhilpuHQJhuV2VS
For the past few years, investment risk has usually not been a key factor in our analysis of insurers' creditworthiness. However, we believe insurer investment risk is on the rise, and we are increasing our focus on it. Many insurers are facing the reality that in the current interest rate environment, asset returns barely cover the cost of the liabilities. We see this situation increasing the pressure for higher returns through various approaches, and an increasing proportion of insurance cash flow will be directed toward alternative investments.
To learn more, click or copy and paste the URL below:
(subscription required)
http://standardandpoors.rsys1.net/servlet/cc5?kHiQYYWBQTVsLgHxhilpuHQJhuV2VS
CFO Samuel Molinaro Jr. said the writedown would lead to Bear Stearns posting a quarterly loss.
» Read the Full Story
» Read the Full Story
HSBC said it was taking a $3.4 billion charge in the third quarter because of accelerating losses in its American consumer-lending unit, HSBC Finance.
http://online.wsj.com/article/SB119502720217292648.html?mod=djemheard
http://online.wsj.com/article/SB119502720217292648.html?mod=djemheard
Tue, 23 Oct 2007, 17:53
HedgeWeek
Managers with illiquid or hard-to-value fixed income securities in their portfolios can now use independent evaluations from Standard & Poor's Securities Evaluations (SPSE), a wholly owned subsidiary of The McGraw-Hill Companies, Inc.
Managers with illiquid or hard-to-value fixed income securities in their portfolios can now use independent evaluations from Standard & Poor's Securities Evaluations (SPSE), a wholly owned subsidiary of The McGraw-Hill Companies, Inc.
Tue, 13 Nov 2007, 11:11
Institutional Investor/Hedge Fund Daily
The Ontario Securities Commission has issued a report on marketing habits of hedge funds and other pooled funds and found that many of them don't make the grade when it comes to honesty. "We have seen a number of instances where the [marketing] materials were prepared in a way that highlights or exaggerates favorable points while omitting or failing to disclose facts that may be less favorable to the" investment counsel/portfolio managers.
Institutional Investor/Hedge Fund Daily
The Ontario Securities Commission has issued a report on marketing habits of hedge funds and other pooled funds and found that many of them don't make the grade when it comes to honesty. "We have seen a number of instances where the [marketing] materials were prepared in a way that highlights or exaggerates favorable points while omitting or failing to disclose facts that may be less favorable to the" investment counsel/portfolio managers.
Tue, 13 Nov 2007, 10:06
Institutional Investor/Hedge Fund Daily
It took four days, but AQR Capital Management has finally issued a statement to set the record straight regarding its performance and its plans to go public. Last Thursday, The New York Post reported that the Greenwich, Conn-based hedge fund had pulled its IPO plans because of defections by big investors. AQR says it's just not so.
Institutional Investor/Hedge Fund Daily
It took four days, but AQR Capital Management has finally issued a statement to set the record straight regarding its performance and its plans to go public. Last Thursday, The New York Post reported that the Greenwich, Conn-based hedge fund had pulled its IPO plans because of defections by big investors. AQR says it's just not so.
Collateralized Debt Obligations
112 Ratings Lowered On 21 U.S. Cash Flow, Hybrid CDOs Of ABS; $4.689B In Securities Affected
We lowered our ratings on 112 tranches from 21 U.S. cash flow and hybrid
collateralized debt obligation (CDO) transactions and concurrently affirmed
our ratings on another 44 tranches from these transactions. The downgraded tranches have a total issuance amount of $4.689 billion, and all are from CDOs of asset-backed securities (ABS) collateralized by structured finance securities, including residential mortgage-backed securities.
http://standardandpoors.rsys1.net/servlet/cc5?kHiQYYWBQTVsLgHxhilpuHQJhuV2VSS
112 Ratings Lowered On 21 U.S. Cash Flow, Hybrid CDOs Of ABS; $4.689B In Securities Affected
We lowered our ratings on 112 tranches from 21 U.S. cash flow and hybrid
collateralized debt obligation (CDO) transactions and concurrently affirmed
our ratings on another 44 tranches from these transactions. The downgraded tranches have a total issuance amount of $4.689 billion, and all are from CDOs of asset-backed securities (ABS) collateralized by structured finance securities, including residential mortgage-backed securities.
http://standardandpoors.rsys1.net/servlet/cc5?kHiQYYWBQTVsLgHxhilpuHQJhuV2VSS
Hedge Fund Makes Public Debut Shares of Och-Ziff Capital start trading today. Read More
At the conclusion of its 8-9 October meeting, Nout Wellink, Chairman of the Basel Committee on Banking Supervision and President of the Netherlands Bank, noted that the Committee's ongoing initiatives help address the types of issues and risks arising from the recent financial market turbulence.
ARGENTINA – ING has announced the takeover of Argentine pension fund Origines AFJP and annuity company Origenes Seguros de Retiro in a deal worth US$280m, making ING the largest pension fund manager and the second largest annuity provider in the region.
US – JPMorgan has been appointed to provide portfolio administration and performance reporting to the State of Michigan's Department of Treasury Bureau of Investments’ alternative investments division.
CHICAGO (HedgeWorld.com)—As institutions now pour more capital into hedge funds than any other single group, they are demanding better risk controls and more transparency in pricing and the overall investment process. ......
Amaranth Sues JPMorgan for Disrupting Goldman, Citadel Deals
Bloomberg - Wednesday November 14, 09:49 GMT
Bloomberg - Wednesday November 14, 09:49 GMT
It's a Porsche — No, it's a Hedge Fund
FT Alphaville - Wednesday November 14, 07:53 GMT
FT Alphaville - Wednesday November 14, 07:53 GMT
Morgan Stanley takes minority stake in Traxis
Morgan Stanley has taken a minority stake in Traxis Partners, the hedge fund group founded by Barton Biggs, Morgan Stanley's outspoken former chief strategist. (Financial Times)
http://mail2.efnmail.co.uk/r/323905/MTk4MTI1OjE1NjQ2/
Morgan Stanley has taken a minority stake in Traxis Partners, the hedge fund group founded by Barton Biggs, Morgan Stanley's outspoken former chief strategist. (Financial Times)
http://mail2.efnmail.co.uk/r/323905/MTk4MTI1OjE1NjQ2/
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Yield Curve Corner
Federal Reserve Chairman Ben Bernanke unveiled sweeping changes to the Fed's communications strategy in an effort to improve transparency with Wall Street and Main Street. The changes include doubling the frequency of policy-maker forecasts and extending the forecast horizon to three years. The Fed's changes don't include an inflation target, however.
For more information, see: http://wsj.com/article/0,,SB119504848012392765,00.html?mod=djemalert
For more information, see: http://wsj.com/article/0,,SB119504848012392765,00.html?mod=djemalert
Bernanke to talk about how the Fed talks
MarketWatch - USA
By Greg Robb, MarketWatch WASHINGTON (MarketWatch) -- Fed Chief Ben Bernanke is expected to shed light on Wednesday morning on changes the central bank ...
See all stories on this topic
MarketWatch - USA
By Greg Robb, MarketWatch WASHINGTON (MarketWatch) -- Fed Chief Ben Bernanke is expected to shed light on Wednesday morning on changes the central bank ...
See all stories on this topic
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Natural Disaster Corner
Climate Prediction http://www.nws.noaa.gov/predictions.php
World Meterological Organization http://severe.worldweather.org/
Tornadoes: http://www.disastercenter.com/tornado.htm
Great Sat Pictures of events: http://www.osei.noaa.gov/Events/Current/TRCsidr318_GJ.jpg
Major Earthquake Hits Northern Chile
A magnitude 7.8 earthquake struck northern Chile Wednesday morning and triggered
a tsunami warning.
MORE DETAILS: <http://www.wnbc.com/tu/5tlEnuD2O.html>
A magnitude 7.8 earthquake struck northern Chile Wednesday morning and triggered
a tsunami warning.
MORE DETAILS: <http://www.wnbc.com/tu/5tlEnuD2O.html>
Is California's Earthquake Insurance Coverage On Shaky Ground?
As if Southern California's recent devastating wildfires weren't enough, the Golden State got a second jolt on Oct. 30 via a 5.6 magnitude earthquake just outside of San Jose. The quake, though not severe, was large enough to remind us that it is simply a matter of time before homeowners, the California Earthquake Authority (CEA), and insurers will all have to pay. The CEA is the largest earthquake insurance provider in the world, but we believe that CEA's $8 billion in claims-paying ability could be inadequate if one or more major earthquakes were to occur.
To learn more, click or copy and paste the URL below:
(subscription required)
http://standardandpoors.rsys1.net/servlet/cc5?kHiQYYWBQTVsLgHxhilpuHQJhuV2VU
As if Southern California's recent devastating wildfires weren't enough, the Golden State got a second jolt on Oct. 30 via a 5.6 magnitude earthquake just outside of San Jose. The quake, though not severe, was large enough to remind us that it is simply a matter of time before homeowners, the California Earthquake Authority (CEA), and insurers will all have to pay. The CEA is the largest earthquake insurance provider in the world, but we believe that CEA's $8 billion in claims-paying ability could be inadequate if one or more major earthquakes were to occur.
To learn more, click or copy and paste the URL below:
(subscription required)
http://standardandpoors.rsys1.net/servlet/cc5?kHiQYYWBQTVsLgHxhilpuHQJhuV2VU
Cull continues at bird flu farm *
The cull of thousands of birds on a turkey farm in Suffolk continues after the discovery of the H5N1 bird flu virus.
Full story:
http://news.bbc.co.uk/go/em/-/1/hi/uk/7093806.stm
The cull of thousands of birds on a turkey farm in Suffolk continues after the discovery of the H5N1 bird flu virus.
Full story:
http://news.bbc.co.uk/go/em/-/1/hi/uk/7093806.stm
Hurricanes (Global and/or General
CO2 Science Magazine - Tempe,AZ,USA
(2004), who state that "increases in hurricane intensity are expected to result from increases in sea surface temperature and decreases in tropopause-level ...
See all stories on this topic
CO2 Science Magazine - Tempe,AZ,USA
(2004), who state that "increases in hurricane intensity are expected to result from increases in sea surface temperature and decreases in tropopause-level ...
See all stories on this topic
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Iranian Situation
INTERPOL ISSUES WARRANTS FOR IRANIAN BOMBING SUSPECTS
On November 7 the Interpol General Assembly issued warrants for one Lebanese and five Iranians suspects in connection with the 1994 bombing of the Argentine-Israeli Mutual Association (AMIA) building in Buenos Aires that killed 85 people. Argentine prosecutors claim to have evidence that Lebanese Hezbollah operatives carried out the bombing on the orders of senior Iranian officials. The move was applauded by Israeli Foreign Minister Tzipi Livni: “The link between Iran and world terrorism… has long been proven, and the time had come for this decision” (Communiqué of the Israeli Ministry of Foreign Affairs, November 8). An Iranian foreign ministry spokesman suggested the case had remained open for 13 years only because of “corruption” in the Argentine judiciary, and further claimed that the same judiciary had been “influenced by the Zionist lobby and community based in Argentina” (Voice of the Islamic Republic of Iran, November 8). Iranian State Prosecutor-General Qorban Ali Dorri-Najafabadi spoke of “psychological pressure” exerted on Interpol by “Zionist lobbies,” noting that Iran is itself “one of the major victims of terrorism” (Fars News Agency, November 8). The suspects include Lebanese terrorist Imad Moughnieh, the former chief of Iran’s Islamic Revolutionary Guards Corps, Mohsen Rezaei and former Iranian intelligence chief Ali Fallahian. Though frequently described as “international arrest warrants,” the documents issued by Interpol are actually “red notices,” which identify individuals as being wanted for extradition without compelling the state to actually arrest or extradite the subject.
On November 7 the Interpol General Assembly issued warrants for one Lebanese and five Iranians suspects in connection with the 1994 bombing of the Argentine-Israeli Mutual Association (AMIA) building in Buenos Aires that killed 85 people. Argentine prosecutors claim to have evidence that Lebanese Hezbollah operatives carried out the bombing on the orders of senior Iranian officials. The move was applauded by Israeli Foreign Minister Tzipi Livni: “The link between Iran and world terrorism… has long been proven, and the time had come for this decision” (Communiqué of the Israeli Ministry of Foreign Affairs, November 8). An Iranian foreign ministry spokesman suggested the case had remained open for 13 years only because of “corruption” in the Argentine judiciary, and further claimed that the same judiciary had been “influenced by the Zionist lobby and community based in Argentina” (Voice of the Islamic Republic of Iran, November 8). Iranian State Prosecutor-General Qorban Ali Dorri-Najafabadi spoke of “psychological pressure” exerted on Interpol by “Zionist lobbies,” noting that Iran is itself “one of the major victims of terrorism” (Fars News Agency, November 8). The suspects include Lebanese terrorist Imad Moughnieh, the former chief of Iran’s Islamic Revolutionary Guards Corps, Mohsen Rezaei and former Iranian intelligence chief Ali Fallahian. Though frequently described as “international arrest warrants,” the documents issued by Interpol are actually “red notices,” which identify individuals as being wanted for extradition without compelling the state to actually arrest or extradite the subject.
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Iran charges 'nuclear traitor'
CNN.com Wed, 14 Nov 2007 8:19 AM PST
TEHRAN, Iran (AP) -- Iran's former senior nuclear negotiator has been charged with passing classified information to foreigners, including the British Embassy, the Iranian intelligence minister said Wednesday, according to the official IRNA news agency.
CNN.com Wed, 14 Nov 2007 8:19 AM PST
TEHRAN, Iran (AP) -- Iran's former senior nuclear negotiator has been charged with passing classified information to foreigners, including the British Embassy, the Iranian intelligence minister said Wednesday, according to the official IRNA news agency.
Iran bans Garcia Marquez's 'Melancholy Whores'
AFP via Yahoo! News Wed, 14 Nov 2007 6:59 AM PST
Iran has banned the latest novel by celebrated Colombian writer Gabriel Garcia Marquez, saying the initial publication of "Memories of My Melancholy Whores" was a bureaucratic error, the Fars news agency reported Wednesday.
AFP via Yahoo! News Wed, 14 Nov 2007 6:59 AM PST
Iran has banned the latest novel by celebrated Colombian writer Gabriel Garcia Marquez, saying the initial publication of "Memories of My Melancholy Whores" was a bureaucratic error, the Fars news agency reported Wednesday.
ITALY, IRAN: Italian firm ENI will continue doing business in Iran despite U.S. pressure for companies to cut economic ties with the country, ENI CEO Paolo Scaroni said in an interview with the Financial Times published today. Scaroni added that he expects U.S. shareholders to react to a major move on Iran, "but we are not there yet."
Iran at Center of Debate Over Why Violence Drops in Iraq
BY ELI LAKE - Staff Reporter of the Sun
WASHINGTON — In the wake of the release of nine Iranians the U.S. military accused of supporting terrorism, the Bush administration is engaged in a debate over Tehran's role in the decrease in violence in Iraq. On one side are the civilians in...
BY ELI LAKE - Staff Reporter of the Sun
WASHINGTON — In the wake of the release of nine Iranians the U.S. military accused of supporting terrorism, the Bush administration is engaged in a debate over Tehran's role in the decrease in violence in Iraq. On one side are the civilians in...
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Opalesque’s Corner
- Madison Street Partners LLC is temporarily soft closing its existing funds on December 1st and is announcing a new fund Madison Street Opportunities Fund
- Goldman raised two debt funds and will launch a L/S hedge fund to take advantage of recent credit market turmoil
- Matrix Asset Based 2 Lending FoFs benefits from credit crisis, Fortress, Blackstone, BlackRock sense value in subprime, plan to do some bargain hunting, Volatility spurs trade volumes, property derivatives popular despite the sub-prime crisis, institutional fund managers and hedge funds are involved
- Acquisitions / IPOs: Mellon to buy Brazil`s ARX Capital, Morgan Stanley takes a slice of Traxis, Och-Ziff announces pricing of IPO, contact details for prospectus, Update: Value Partners investors raise $374 million in IPO
- Strategies: Canadian HF manager sees better days ahead, bets on the U.S. not going into recession, Thames River has highest weighting in large-caps in years because of cheap valuations, Brazil small-caps are bargains, missed out by investors
- Fortress recorded loss due to charge relating to the firm`s principles, Fortress reports loss on own IPO, Cambridge Place cuts 20% of staff
- Trends: Hedge fund industry grows `Darwinian`, the industry has moved toward a state of equilibrium, Hedge funds are facing ever more careful - and personal - scrutiny by professionals, Pensions` taming of the hedge fund: HFs are less opaque for institutional investors, Company finance directors prefer HF shareholders due to more constructive relationships and superior depth of understanding
- 130/30 and hedge funds: The fight for alpha, 130/30 in conflict with HFs for financing resources, Fred Alger Management launches 130/30 equity strategy
- Indices: RBC Hedge 250 Index returned 2.49% in October 2007, YTD performance is 9.31%
- Frontier investing: Investors explore uncharted land as frontier markets are gaining popularity, JF invests in frontier markets in Asia
- People: Alex Balfour Joins Ivy A.M. as managing director, head of client development, Asia Ex-Japan, Ivy to open Hong Kong office in 2008, Pioneer Alternative Investments hires 3 for FoHFs research team, Banks` top talents may be poached by HFs and PE groups if bonuses are managed poorly
- Legal News: Update: Portus founder released on bail after court appearance, Amaranth sues JPMorgan for sabotaging efforts to avoid collapse
- CDOs to remain `challenging` - Morgan Stanley`s Kelleher, Goldman Sachs, BoA won`t default on debt, optimism
- Tax Update: Washington lobby groups to step up opposition to proposed tax hike, Commentary: Our `Voluntary` tax code, Corporate tax cut approved in Singapore
- Commodities: The Chinese bubble? Commodity boom may depend on China`s economy, Hedge funds buy and hold on to Palladium which could rise to highest price in 6 years, The new game of energy trading: banks have more capital than hedge funds and are entering the physical energy business, How to beat the hedge funds and draw the SWFs, on a nascent SWF diversification strategy
- Trading Platforms: The e-CBOT: The evolution of commodity trading through e-trading
- Exchanges: NYSE moves to prevent abuses in odd-lot trades, specialist firms complained some traders took advantage of program for small investors, Beauty contest at the Montreal Exchange
- Financial statements reveal varying turnovers in successful UK HFs
- Norwegian hedge fund Nordic Alpha to close to new investors, Swedish paper: Half of Swedish hedge funds returned less than a savings account in 2007
- Welcome to hedge fund island: Jersey to compete with other tax-heavens
- Nearly 50 FIIs apply for licences in India
- Japan battered by credit whirlwind, Arcus says Japan needs an inflation-targeting regime
- Return of the living debt: hedge funds have been caught on the wrong side of AUD / USD trades
- Events: ETF Securities invites you to attend an ETC Seminar, 19th November 2007, London
- Activist News: Third Avenue discloses 19 % stake in Radian, E-Trade rebounds, Several HFs have taken positions in Maguire Properties, JMB wants the company to sell itself, Peltz offers to buy Wendy`s at lower price, Ospraie takes 12% stake in Iluka
- News Briefs: iStar Acquisition Corp files for IPO, plans to focus on alternative investment industry businesses, KKR offering could raise up to $1.25bn, Citigroup`s embattled capital markets unit is regrouping under its new leader, Banks` top talents may be poached by HFs and PE groups if bonuses are managed poorly, CalPERS adopts Federal investment policy guidelines, Sallie Mae and Genesco lawsuits highlight need for clear, specific MAC/MAE language in acquisitions, Murdoch intends to drop WSJ.com fee, Investment firm names Gore as a partner, Banks prop up money market funds, Northern Rock faces years of debt, Macquarie to set up London stockbroking arm for Europe, UBI Banca to merge its investment management units into UBI Pramerica, Prudential involved, CMA plans to corporatise Saudi bourse
- And Finally. Man in India marries dog for atonement and healing
- Logon: http://www.opalesque.com/main.php?act=archive
- Goldman raised two debt funds and will launch a L/S hedge fund to take advantage of recent credit market turmoil
- Matrix Asset Based 2 Lending FoFs benefits from credit crisis, Fortress, Blackstone, BlackRock sense value in subprime, plan to do some bargain hunting, Volatility spurs trade volumes, property derivatives popular despite the sub-prime crisis, institutional fund managers and hedge funds are involved
- Acquisitions / IPOs: Mellon to buy Brazil`s ARX Capital, Morgan Stanley takes a slice of Traxis, Och-Ziff announces pricing of IPO, contact details for prospectus, Update: Value Partners investors raise $374 million in IPO
- Strategies: Canadian HF manager sees better days ahead, bets on the U.S. not going into recession, Thames River has highest weighting in large-caps in years because of cheap valuations, Brazil small-caps are bargains, missed out by investors
- Fortress recorded loss due to charge relating to the firm`s principles, Fortress reports loss on own IPO, Cambridge Place cuts 20% of staff
- Trends: Hedge fund industry grows `Darwinian`, the industry has moved toward a state of equilibrium, Hedge funds are facing ever more careful - and personal - scrutiny by professionals, Pensions` taming of the hedge fund: HFs are less opaque for institutional investors, Company finance directors prefer HF shareholders due to more constructive relationships and superior depth of understanding
- 130/30 and hedge funds: The fight for alpha, 130/30 in conflict with HFs for financing resources, Fred Alger Management launches 130/30 equity strategy
- Indices: RBC Hedge 250 Index returned 2.49% in October 2007, YTD performance is 9.31%
- Frontier investing: Investors explore uncharted land as frontier markets are gaining popularity, JF invests in frontier markets in Asia
- People: Alex Balfour Joins Ivy A.M. as managing director, head of client development, Asia Ex-Japan, Ivy to open Hong Kong office in 2008, Pioneer Alternative Investments hires 3 for FoHFs research team, Banks` top talents may be poached by HFs and PE groups if bonuses are managed poorly
- Legal News: Update: Portus founder released on bail after court appearance, Amaranth sues JPMorgan for sabotaging efforts to avoid collapse
- CDOs to remain `challenging` - Morgan Stanley`s Kelleher, Goldman Sachs, BoA won`t default on debt, optimism
- Tax Update: Washington lobby groups to step up opposition to proposed tax hike, Commentary: Our `Voluntary` tax code, Corporate tax cut approved in Singapore
- Commodities: The Chinese bubble? Commodity boom may depend on China`s economy, Hedge funds buy and hold on to Palladium which could rise to highest price in 6 years, The new game of energy trading: banks have more capital than hedge funds and are entering the physical energy business, How to beat the hedge funds and draw the SWFs, on a nascent SWF diversification strategy
- Trading Platforms: The e-CBOT: The evolution of commodity trading through e-trading
- Exchanges: NYSE moves to prevent abuses in odd-lot trades, specialist firms complained some traders took advantage of program for small investors, Beauty contest at the Montreal Exchange
- Financial statements reveal varying turnovers in successful UK HFs
- Norwegian hedge fund Nordic Alpha to close to new investors, Swedish paper: Half of Swedish hedge funds returned less than a savings account in 2007
- Welcome to hedge fund island: Jersey to compete with other tax-heavens
- Nearly 50 FIIs apply for licences in India
- Japan battered by credit whirlwind, Arcus says Japan needs an inflation-targeting regime
- Return of the living debt: hedge funds have been caught on the wrong side of AUD / USD trades
- Events: ETF Securities invites you to attend an ETC Seminar, 19th November 2007, London
- Activist News: Third Avenue discloses 19 % stake in Radian, E-Trade rebounds, Several HFs have taken positions in Maguire Properties, JMB wants the company to sell itself, Peltz offers to buy Wendy`s at lower price, Ospraie takes 12% stake in Iluka
- News Briefs: iStar Acquisition Corp files for IPO, plans to focus on alternative investment industry businesses, KKR offering could raise up to $1.25bn, Citigroup`s embattled capital markets unit is regrouping under its new leader, Banks` top talents may be poached by HFs and PE groups if bonuses are managed poorly, CalPERS adopts Federal investment policy guidelines, Sallie Mae and Genesco lawsuits highlight need for clear, specific MAC/MAE language in acquisitions, Murdoch intends to drop WSJ.com fee, Investment firm names Gore as a partner, Banks prop up money market funds, Northern Rock faces years of debt, Macquarie to set up London stockbroking arm for Europe, UBI Banca to merge its investment management units into UBI Pramerica, Prudential involved, CMA plans to corporatise Saudi bourse
- And Finally. Man in India marries dog for atonement and healing
- Logon: http://www.opalesque.com/main.php?act=archive
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Misc. Items of Interest
Why You Should Include a Joker in Every Brainstorming Session | by Kermit Pattison
The Fast Interview: John Morreall, a professor at the
College of William and Mary and the founder of
Humorworks, on the link between humor and innovation,
why authoritarian bosses fear humor, and the funniest
CEO in America.
http://trax.fastcompany.com/k/w/mailman/fasttake/20071114/morreall
The Fast Interview: John Morreall, a professor at the
College of William and Mary and the founder of
Humorworks, on the link between humor and innovation,
why authoritarian bosses fear humor, and the funniest
CEO in America.
http://trax.fastcompany.com/k/w/mailman/fasttake/20071114/morreall
Iraq: Positive Signs
http://www.stratfor.com/products/premium/read_article.php?id=298227
http://www.stratfor.com/products/premium/read_article.php?id=298227
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Funnies, Facts, Quotes, etc….
flaneur lah-NUR, noun:
One who strolls about aimlessly; a lounger; a loafer.
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Conference, Courses, Books, Papers
Great Research Sites:
Merrill Lynch research Link to full report including important disclosures see example
John Mauldin’s Weekly Analysis
James Altucher’s Website:
Other useful sites:
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Index Corner
The CSFB/Tremont Hedge Fund Index www.hedgeindex.com.
The Cogent Dynamic Averages http://www.cogenthedge.com/home/inv_strategy.asphttp://www.cogenthedge.com/home/inv_strategy.asp
The Dow Jones Indices: http://www.djhedgefundindexes.com/index.cfm?event=viewPremiumContent (free registration)
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Regulatory Info
investor.info@sfc.hkhttp://www.sfc.hk/sfc/html/EN/inutilbar/contact/contact.htmlhttp://www.sfc.hk/sfc/html/EN/inutilbar/contact/contact.htmlhttp://www.sfc.hk/sfc/html/EN/inutilbar/contact/contact.html
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Disclaimer
The information contained in this document does not constitute an offer or solicitation to sell any security or other type of vehicles to or by anyone in any jurisdictions, nor should it be regarded as a contractual document. Under no circumstances should the information provided on this document be considered as financial advice, or as a sufficient basis on which to make investment decisions. The information contained herein has been gathered by Investor DNA, LLC from sources deemed reliable as of the date of publication, but no warranty of accuracy or completeness is given. Investor DNA, LLC is not responsible for and provides no guarantee with respect to any of the information provided herein or through the use of any hypertext link. Past results are no indication of future performance. All information in this newsletter is for educational and informational purposes and does not constitute investment, legal, tax or accounting advice. All materials are the property of the
respective publishers, as referenced by header and appropriate hypertext links.
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