CITY MOVES | WHO’S SWITCHING JOBS May 12, 2010 Matrix Group The financial services business has appointed Tiraneh Tehranchian as its new head of risk. Tehranchian joins from Man Global Strategies, part of Man Investments, where she has held the position of head of risk for the past five years. Prior to that, she was a risk manager at Abbey National Treasury Services and [...]
SPITALFIELDS MARKET: SEEKING OZ CLARKE OF THE REAL ALE SCENE May 12, 2010 REMEMBER that cushy job as a caretaker of a desert island that caused such a stir when it was advertised a year or so back? Well, The Capitalist might just have discovered an even more covetable role – at least for the beer-loving socialites of the City. Old Spitalfields Market is looking for someone to [...]
Fixed income ETFs or futures: the big debate May 12, 2010 WITH a sovereign debt crisis threatening to bubble over and corporate bonds regaining their popularity as companies strengthen their balance sheets, fixed income has once again returned to the forefront of investors’ minds as an alternative trade to equities. Traditionally, traders would turn either to the futures markets or to fixed income funds as a [...]
Access Islamic finance in the UK with an ETF May 12, 2010 THE last two years have shaken traditional western forms of finance to the core. Lax regulation combined with complex trading products proved to be a lethal cocktail and governments across the developed world are now picking up the bill for hefty bailouts. But should investors be looking at other financial models to invest their cash? [...]
THE TIPSTER May 12, 2010 ALTHOUGH the arrival of a new government did not see the FTSE 100 break immediately higher, there are nonetheless some clear suggestions in the markets that the cyclical UK-listed stocks are starting to gain favour at the expense of their defensive counterparts. In this case, any utilities stocks could find themselves coming under sustained pressure [...]
LISTED PRODUCT NEWS May 12, 2010 LEVERAGE YOUR RETURNS Seven new leveraged ETFs were launched by db x-trackers this week. Three of the ETFs will track daily leveraged short indices, while four will track leveraged long indices. The three short ETFs provide two times daily inverse exposure to leading G7 stock markets including Germany’s Dax, the Euro STOXX 50 and the [...]
Ash cloud dispersal boosts aerospace stocks while Tories spur defence firms May 12, 2010 AEROSPACE and defence stocks helped drive Britain’s top share index higher yesterday with investors relieved over the formation of a new British government. The FTSE 100 index closed up 49.24 points, or 0.9 per cent, at 5,383.45, having fallen one per cent on Tuesday. Rolls Royce, Cobham and BAE Systems helped boost the blue chips, [...]
Tech and industrial shares tick up on earnings hopes May 12, 2010 US stocks capped their best three-day run in 10 months yesterday boosted by technology and industrial shares, after Spain unveiled an austerity plan that reassured investors Europe was addressing its fiscal ills. Spain said it will slash civil service pay and cut public-sector jobs, just a few days after EU finance ministers approved a €750bn [...]
Deadly Forlan ends Fulham dream May 12, 2010 ATLETICO MADRID (2) vs FULHAM (1) after extra time PROUD boss Roy Hodgson paid tribute to his Fulham bravehearts after Diego Forlan sent them spinning to a cruel defeat in the Europa League final. Forlan, the former Manchester United striker, capitalised on a nervous Fulham start to give the Spanish side the lead before Hodgson’s [...]
Hodgson should feel proud May 12, 2010 WHATEVER the result in Hamburg last night, Fulham’s achievement in reaching the Europa League final should never be underestimated. Let’s be honest here. It wasn’t Manchester United or Chelsea we were watching in a major European final in the middle of May, it was little Fulham, a club who were on the brink of extinction [...]
