Turnover increased in August, to 9%. There is extreme segmentation in the marketplace, with OSFI’s NVCC rule changes in February 2011 having had the effect of splitting the formerly relatively homogeneous Straight Perpetual class of …
Search Results for: performance
August 31, 2012
Bernanke’s Jackson Hole speech carried a warning and a promise: Second, fiscal policy, at both the federal and state and local levels, has become an important headwind for the pace of economic growth. Notwithstanding some …
August 30, 2012
Nice piece from the New York Fed by Robert Battalio, Hamid Mehran, and Paul Schultz titled Market Declines: What Is Accomplished by Banning Short-Selling?: In 2008, U.S. regulators banned the short-selling of financial stocks, fearing …
August 29, 2012
There’s a chance that Apple might have shot itself in the foot by winning the patent case with Samsung. A post-secondary friend tells me that she’s hearing a lot of people saying ‘If the iPhone …
August 28, 2012
Commissioner Daniel M. Gallagher and Commissioner Troy A. Paredes of the SEC collaborated on an astonishingly ignorant Statement on the Regulation of Money Market Funds: Our decision not to support the Chairman’s proposal, based on …
August 27, 2012
Good news! There’s a sign of success in the politicians’ and regulators’ war on finance! Investment bankers in the U.K. favor working in Singapore over New York and London, where they face lower wage growth …
August 24, 2012
Let’s all reach for yield! German insurers, which came through the subprime mortgage crisis largely unscathed, are seeking to boost investment returns by buying junk loans to corporate borrowers. Senior secured loans, which are repaid …
August 23, 2012
There good news on photovoltaics: A technology that would enable low-cost, high efficiency solar cells to be made from virtually any semiconductor material has been developed by researchers with the U.S. Department of Energy (DOE)’s …
August 22, 2012
The SEC has passed some do-gooder rules. The first is bribe-prevention: The Securities and Exchange Commission today adopted rules mandated by the Dodd-Frank Wall Street Reform and Consumer Protection Act requiring resource extraction issuers to …
August 21, 2012
Time for another politically inspired shake-down of a bank? Oh, why not? Public pension funds from Arkansas, Ohio, Oregon and Sweden will be lead plaintiffs in a group lawsuit against JPMorgan Chase & Co. (JPM) …