The power of the dark inventory
FT Alphaville is reading Robert Harris’ The Fear Index at the moment, and would like to take this opportunity to recommend it as required reading for anyone who enjoys a...
Time to revisit/rethink EM equities?
Investors are making tentative steps back to emerging market equities.Last week EM equity funds reported positive flows, on aggregate, for the first time in three months —...
Screwed
“..we in Britain are, to use a technical economic term, screwed. Economies across the whole world are struggling. Because nobody is spending money, even relatively blameless countries such as Germany, with low levels of debt and workforces who actually make...
Destination, safety; origin, everywhere
That faint rumbling is the sound of funds investors marching out of… everything:August is the first month since September 2008 that we’ve seen net outflows from equities,...
European money market funds are hemorrhaging
Here’s an interesting chart from Société Générale compiled using data from EPFR Global.It shows recent flows in and out of European money-market funds.As can be seen,...
European money market funds are hemorrhaging
Here’s an interesting chart from Société Générale compiled using data from EPFR Global.It shows recent flows in and out of European money-market funds.As can be seen,...
Guest post: ETFs – what’s the fuss about?
Paul Amery, editor of IndexUniverse.eu, a specialist publication devoted to index-based investing and exchange-traded funds, considers the recent assault on the market.________...
Mad as hell and Icahn take it any more
“Independence is for the very few; it is a privilege of the strong.” - Friedrich Nietzsche. There has been much chatter among the financial chatterati about Carl Icahn’s recent decision to hand back capital to investors in his funds. Since...
Mad as hell and Icahn take it any more
“Independence is for the very few; it is a privilege of the strong.” - Friedrich Nietzsche. There has been much chatter among the financial chatterati about Carl Icahn’s recent decision to hand back capital to investors in his funds. Since...
Ireland LLC
Here’s an unexpected press release from the Irish Funds Industry Association:Irish Funds Industry Continues ExpansionTOTAL assets under administration in Ireland have...
Don’t go Dutch
“I’ve listened to enough of your crap ! You’re a ******* git !” – And then he began firing. - Michael Lewis’ account of Irishman Gary Keogh throwing rotten eggs at the chairman of Allied Irish Bank, in his Vanity...
Correlation trading and the WTI-Brent spread
Another day, and another widening in the WTI-Brent front-month future spread — this time to what looks to be approaching record wides.The spread hit as much as -9.50 on...
