Obama Bank Plan – Glass Steagall Redux
Friday, 22 January 2010 | 12:37 pm
It sounds like a plan. President Obama in an effort to address what is widely believed to be a flawed banking model has decided to ressurrect the Glass Steagall Act 1933. Glass Steagall 1932 had already been effectively revived, extended and implemented in 2008 as the Fed rode to the rescue of a banking system
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Equity Market Neutral Prospects. Stoxx Dispersion Chart
Monday, 18 January 2010 | 5:29 am
In 2009, the HFRI Equity Market Neutral Index was up 1.69%. The HFRI Index of all strategies was up over 20% and the equity long short index was up over 26%. Equity long short hides a multitude of sins, like a chronic long bias and market timing. Equity market neutral, however, is fairly specific.
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Conditional Option Trade: Developed and Emerging Market Equities
Monday, 18 January 2010 | 5:26 am
Developed market (US say) GDP rises prompting a reversal of quantitative easing, interest rate and fiscal policy. Domestic equities could rise or fall depending on sentiment at the time.
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Hedge Fund Performance 2009 and Outlook 2010
Wednesday, 13 January 2010 | 10:34 am
Hedge Fund Performance Table 2009: Outlook 2010: Managed Futures: Investors flocked to CTA’s at the beginning of 2009 relative to other strategies for the outperformance of the strategy in 2008. Performance in 2009 was -1.99%. Trend followers tend to create a synthetic long volatility profile (just as mean reverters create a short volatility profile) and
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Equity Market Neutral Prospects. Stoxx Dispersion Chart
Wednesday, 13 January 2010 | 10:31 am
In 2009, the HFRI Equity Market Neutral Index was up 1.69%. The HFRI Index of all strategies was up over 20% and the equity long short index was up over 26%. Equity long short hides a multitude of sins, like a chronic long bias and market timing. Equity market neutral, however, is fairly specific. (We
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