Investing and Global Finance News

Category Archives: Uncategorized

Are Hedge Funds Still Profitable?

While there have unquestionably been some negative yields indicating poor hedge fund performance, the word on the street is that some of this is, “misleading.” According to Legal & General Investment Management head of asset allocation, Emiel van den Heiligenberg: “There are ways of making money from it.” 

The question is, how?  Outside of Europe, hedge fund managers can purchase Europe’s negative-yielding government debt.  These funds are based on relative short term interest rate levels which are way higher in America than in the Eurozone.  As such, dollar-based investors are indirectly paid to ensure options are available for their euros to be transformed back to dollars.

It was also  noted by HedgeWeek that there is continued performance growth in the second half of 2019.  July ended with a 7.68 per cent year-to-date return and positive returns in six of the past seven months. According to BarclayHedge president, Sol Waksman:

“Anticipation of the first interest rate cut by the Fed in more than ten years propelled the S&P 500 and the Nasdaq to all-time highs in July. Concerns over the economic implications of a no-deal Brexit and slowing growth in Europe helped push German 10-year bond yields to new lows. The equity and interest rate sectors provided enough of a tailwind for a positive month.”

US Markets, Jobs, Economy

How is the US faring right now vis-à-vis markets, jobs and the overall economy? Unfortunately the anticipated increase in private payrolls by Dow Jones was not met (173,000 being the expectation; 129,000 the result).  According to Moody’s Analytics Chief Economist Mark Zandi: “The job market is weakening, with employment gains slowing significantly across most industries… Continue Reading

US Citizens: Measuring Quality of Life

There are many ways to measure the success of a country.  One way is to look at quality of life.  According to a recent article, this has actually improved in America quite significantly over the last two years.  While it cannot be denied that there is a lot of anti-Trump sentiment in America, the statistics… Continue Reading

M&A News

The acquisition by Principal Financial Group of RobustWealth is happening.  With both corporations working together on the deal for nearly a year, the details are that in the deal, RobustWealth will “retain its open architecture philosophy and operate independently under a management committee within Principal [and] will continue to sell their platform to firms outside… Continue Reading

Optimism on America’s Economic Strength

In this video, FOX Business Network presenter discusses the solidity of the current US market.  He points out that the 10-year treasury yield is standing at 2.99% and discusses the industry with Chief Economist at Moody, Mark Zandi. Zandi emphasizes the importance of a strong economy (businesses need to be able to sell what they… Continue Reading

Global Investments

There has been a steady increase in investments Singapore has made around the world over the last few years.  For example, while the figure in 2011 was $9 billion, by 2017 that had reached $19 billion. America has not been the only region that has become attractive to Singapore although it is the area that… Continue Reading

Turkish and Emirates Air Exempt from US Laptop Exclusion

Passengers traveling on two major middle eastern airlines, Turkish Airways and Emirates Airlines, will be allowed to bring laptops into cabins during their flights to the United States, according to David Lapan, a spokesman for Homeland Security in Washington, DC. A third airline is also exempt from the new US restrictions, Abu Dhabi’s-Etihad Airlines. The… Continue Reading