Shades of ’08! The cost to protect the debt of Morgan Stanley (MS) and Goldman Sachs Group Inc. (GS) surged to the highest levels since the weeks after Lehman Brothers Holdings Inc.’s bankruptcy as concern …
Search Results for: performance
October 3, 2011
There is word of a crackdown on “algorithmic” traders: Algorithmic traders and quant funds are under close scrutiny from a U.S. Securities and Exchange Commission enforcement team responsible for policing hedge funds, the unit’s co-chief …
Mulvihill Changes Name to Strathbridge
Mulvihill Capital Management has announced: our new name, Strathbridge Asset Management Inc, reflecting our revitalized focus and commitment to our closed-end fund business. Strathbridge Asset Management (“Strathbridge”) builds on Mulvihill’s 15 years of experience managing …
MAPF Portfolio Composition: September, 2011
Turnover was virutually non-existent in September, at about 1%. I lay a lot of the blame for lack of turnover on OSFI, and will illustrate my argument with a graph of the price difference between …
September 30, 2011
Hurray for Solar Power! The 15 mile-per-hour winds that buffeted northern Germany on July 24 caused the nation’s 21,600 windmills to generate so much power that utilities such as EON AG and RWE AG (RWE) …
September 29, 2011
I’m speechless: Stock traders are more egocentric and prone to lying than psychopaths, according to new research submitted to the Journal of Economic Psychology. But psychopaths are better at getting what they want. “Traders go …
September 28, 2011
Three cheers, everybody! We’re saved! Spain and Italy have saved the world! Italian and Spanish financial market regulators extended temporary bans on short selling of financial shares that were introduced last month in a bid …
September 27, 2011
Follow the leader, part 1: Research In Motion Ltd. (RIMM), the maker of the BlackBerry smartphone struggling to revive falling sales, surged as much as 7.4 percent on speculation that activist investor Carl Icahn is …
September 26, 2011
Julie Dickson gave a speech to the Economic Club of Canada titled The Lasting Impact of the Crisis on the Global Financial System but said nothing new. One of the lessons of the Flash Crash …
September 23, 2011
Sorry about the lateness, folks, but the Shaw Festival was calling my name this weekend. It was a rotten day for the Canadian preferred share market, with PerpetualDiscounts down 17bp, FixedResets off 16bp and DeemedRetractibles …