I recreated all my favourite TV tropes, from crawling through pipes to being two kids in a trenchcoat
Strauss is definitely our man September 14, 2010 AT last it seems Andrew Strauss has silenced those critics who still don’t believe he is the right man to lead England into the World Cup on the sub-continent next year. The England captain is at the very top of his game and showed in his century at Headingley that is equally as comfortably in [...]
Unloved European equities are cheap and attractive September 14, 2010 IT WAS not so long ago that European equities were underloved and underowned. A combination of the sovereign debt crisis and fears of a patchy economic recovery saw investors dumping European-listed stocks in favour of almost anything else. Global fund allocations to European equities languish at around 13 per cent, close to the lows of [...]
Ethical investors cannot have their cake and eat it September 14, 2010 AcademicS were making waves in the socially responsible investment (SRI) community this week, as a new study suggested that SRI funds offer lower returns than simple index-trackers. Conducted by the EDHEC-Risk Institute, the paper updates a study of French SRI funds by looking at 172 funds’ returns between 2002 and 2009. It shows that while [...]
FUND MANAGEMENT NEWS September 14, 2010 GROSVENOR FUND’S £110M LLOYDS DEAL Grosvenor Fund Management UK announced earlier this week the completion of a new £110m debt facility with Lloyds TSB Corporate Markets for its £400m Grosvenor London Office Fund. The three-year deal replaces the existing facility with Lloyds Banking Group, which expires this month. The fund’s loan-to-value ratio is low at [...]
Policies prop up pound September 14, 2010 STERLING bulls breathed a sigh of relief yesterday after a broad sell-off in the dollar pushed cable to as high as $1.5588. This raised hopes that sterling would remain the best of a bad bunch and avoid weakness caused by looming austerity measures. Although sterling has appeared the best of the G3 currencies, it has [...]
FX MARKETS ARE POWERED BY BEIJING September 14, 2010 DIRECTOR OF CURRENCY RESEARCH, GFT As I prepare for my “all-things-forex” seminar with Allister Heath on 23 September between 8 and 10am at the Grange Hotel (register at gftuk.com/cityam), I can’t help but marvel at the idea that China is now the primary driver of trade in the FX market. Although its own currency is [...]
All to play for as the dollar either rallies or divebombs September 14, 2010 NEXT Thursday 23 September at 8am, analysts and commentators will convene for a forex jamboree at the Grange Hotel near St Paul’s. City A.M. editor Allister Heath will be talking forex with leading currency analyst Boris Schlossberg of GFT, and all readers are invited to attend – for free. Heath says: “This is a great [...]
FOREIGN EXCHANGE NEWS September 14, 2010 fxcm enhances automated trading Automated trading has become increasingly popular among foreign exchange traders and online forex and CFD provider FXCM has this week launched Strategy Trader, a free, all-in-one automated forex trading solution that allows clients to code strategies, perform advanced back tests, run detailed optimisation analysis, and execute trades from a single platform. [...]
Rate rises and risk appetite to boost the krona September 14, 2010 A WESTERN central bank able to raise interest rates without sparking concerns of excess monetary tightening is still something of a rarity. But the Swedish Riksbank has been able to do just that. Earlier this month, it raised rates to 0.75 per cent and signalled that it intended to increase them to 1.75 per cent [...]
THE TIPSTER September 14, 2010 The greenback’s woes continue with the trade-weighted dollar index hitting a new five-week low. Dollar investors continue to be nervous about the ability of the world’s largest economy to avoid a double-dip recession given the latest slew of poor economic data. This suggests that further weakness in the greenback could well be ahead. Capital Spreads [...]
