Regulators have discovered there’s one teeny-tiny problem with quality: it costs money: A push to water down stringent standards proposed last year by the Basel Committee on Banking Supervision, and to allow more time to …
Search Results for: performance
July 9, 2010
Naturally, the poster child for the financial crisis is the American homeowner, flim-flammed into buying a house and now being foreclosed. But see Subprime mortgages: Myths and reality for one take on this … and …
July 8, 2010
There’s some criticism of the European stress tests: Regulators have told lenders the tests may assume a loss of about 17 percent on Greek government debt, 3 percent on Spanish bonds and none on German …
July 7, 2010
There’s some doubt about the EU stress tests: Investors say they don’t know if some banks are hiding bad loans, whether they have enough capital to withstand a debt default by a European state and …
July 6, 2010
There’s some interesting speculation about credit spreads: Executives who run big companies and big funds expect to be dealing with sovereign debt problems for years to come. That’s one of the big conclusions from a …
July 7, 2010
Lobbying against end-user margin requirements for OTC derivatives (mentioned on June 30) appears to have had some effect, according to Jim Hamilton’s World of Securities Regulation in a discussion of a letter from senators Dodd …
MAPF Portfolio Composition: June 2010
Turnover picked up substantially in June to about 53%. It’s about time we saw some useful volatility! Trades were, as ever, triggered by a desire to exploit transient mispricing in the preferred share market (which …
July 2, 2010
The US jobs number was poor: Employment at companies rose 83,000, less than the 110,000 gain forecast by economists in a Bloomberg News survey. Including government, payrolls fell for the first time this year because …
HIMIPref™ Index Rebalancing: June, 2010
HIMI Index Changes, June 30, 2010 Issue From To Because BAM.PR.G FixFloat Scraps Volume PWF.PR.A Scraps Floater Volume CL.PR.B PerpetualDiscount PerpetualPremium Price NA.PR.M PerpetualDiscount PerpetualPremium Price CU.PR.B PerpetualDiscount PerpetualPremium Price BMO.PR.L PerpetualDiscount PerpetualPremium Price The …
Best & Worst Performers: June 2010
These are total returns, with dividends presumed to have been reinvested at the bid price on the ex-date. The list has been restricted to issues in the HIMIPref™ indices. June 2010 Issue Index DBRS Rating …