Salaries Revealed from Inside London’s Leading Banks: Top 5
Thanks to new BIPRU rules on remuneration disclosure, the accounting departments of London’s leading banks must operate with the transparency of a glass house. The 2013 compensation structures of...
View ArticleStar Hedge Fund Manager Warns Equities Investors
Crispin Odey, a hedge fund manager who made millions by successfully predicted the 2008 economic downturn, has recently warned his customers, predicting that a major recession is soon to come. At 55,...
View ArticleHedge Funds Bet on the Downturn in the London Housing Market
Investors have tipped their hand in what may indicate a sea change for the London housing market. For the first time in several years, hedge funds have taken out short positions against companies...
View ArticleAsset Management: ‘Smart beta’ drives down active management fees
So-called “smart beta” products are competing with asset managers, driving down the fees that many financial services firms are able to charge. The entire industry is taking note, as the monetary...
View ArticleRecord Highs in the World Market
The continuing policies from central banks have been very accommodating for European and U.S. stocks, allowing prices for global equity to remain at the highest levels on record. The feelings of...
View ArticleLobbying: Fidelity, Vanguard, Citadel and BlackRock splash
Lobbying is big business in the US. It’s impossible to fathom a business of a significant size not investing a substantial sum of their money in this practice. In the last year, Fidelity Investments...
View ArticleFuture Uncertain for Swiss Private Banks
Switzerland’s private banks and wealth managers are under increasing pressure after the recent appreciation of the currency. After the Swiss National Bank decided to abandon the euro cap on the Swiss...
View ArticleWeek 23 March 2015: People On the Move – Asset Management
“C Loomis Sayles has promoted Kevin Charleston to chief executive from his previous role as president of the $240bn Boston-based fixed income manager. Mr Charleston succeeds Robert Blanding who will...
View ArticleVanguard ex CEO: “ETF fine if you don’t trade them”
No less an investor than John “Jack” Bogle, creator of the highly popular commercial trading giant Vanguard, is giving the exchange traded fund a run for its running. Mr. Bogle does not question that...
View ArticleWhat skill do you need as a junior trader in an investment bank? If any?
It was previously possible for traders working in investment banks to trade with the bank’s own money. They cannot do this anymore due to the ban in proprietary trading. They now just bring buyers and...
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