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Even Hedge Funds Can’t Understand Today’s Manipulated Markets

August 16th, 2016 (0)
      One of the big surprises of the past few years is the number of brand-name hedge funds reporting terrible results. Their customers are not amused: Hedge Funds Are Losing Endowments After Exodus of Pensions (Bloomberg) – ...

Investors worldwide have poured a record amount into bond funds this year

August 16th, 2016 (0)
Investors worldwide have poured $202 billion into bond funds this year, according to J.P. Morgan Chase — a record amount compared to equity funds. How’s that working out? At least so far this year, pretty well. In the longer ...

Former Deloitte boss launch CogitalGroup; Can be a Big Four challenger?

August 16th, 2016 (0)
After weeks of speculation, the new venture by former Deloitte global chairman John Connolly and private equity house HgCapital was officially announced on Friday, though somewhat under whelmingly given the fanfare one may expect from the birth of a ...

What is the employment rate of young people in EU?

August 16th, 2016 (0)
Below is an overview of European Union (EU) statistics related to the employment rates of young people (those aged 20–34 years) who have recently graduated from either upper secondary or tertiary levels of education (as defined by the international ...

UK: one of the biggest legal shakeup to the insurance sector comes into force

August 12th, 2016 (0)
One of the biggest shakeups to the insurance sector in recent memory comes into force tomorrow. The Insurance Act 2015 was granted Royal Assent 18 months ago. However, the bulk of its provisions, including creating a new duty for ...

SGX reports FY2016 net profit of $349 million

August 11th, 2016 (0)
Singapore Exchange (SGX) today announced net profit of $349.0 million for FY2016, unchanged from the previous year. This included an impairment charge of $6.0 million on SGX’s investment in the Bombay Stock Exchange. Revenue was $818.1 million, up 5%. ...

The EU has helped to shape UK copyright law for journalists, but Brexit unlikely to cause significant changes

August 11th, 2016 (0)
Now that that dust has settled after the EU referendum, it’s worth looking at how Brexit will affect media law. Nothing is certain yet, but it is possible to make some informed predictions. I will be examining the likely ...

PwC Fights $5.6 Billion Fraud Trial over Taylor Bean’s Collapse

August 11th, 2016 (0)
PricewaterhouseCoopers LLP failed to spot for seven years a multibillion-dollar fraud that led to the demise of Taylor Bean & Whitaker Mortgage Corp., a lawyer for the lender’s bankruptcy trustee told a Miami jury on Tuesday. At issue is ...

Investment demand for gold jumps to all-time high

August 11th, 2016 (0)
In late trade in New York on Wednesday gold edged higher to exchange hands at $1,352 an ounce. Last week gold  closed at a two-year high and year to date the metal is up 27% or nearly $300 an ounce. A new study ...

Reserve Bank of New Zealand: Official Cash Rate reduced to 2.0 percent

August 11th, 2016 (0)
Statement by Reserve Bank Governor Graeme Wheeler: The Reserve Bank today reduced the Official Cash Rate (OCR) by 25 basis points to 2.0 percent. Global growth is below trend despite being supported by unprecedented levels of monetary stimulus.  Significant ...
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