Analyses are solely the work of the authors and have not been edited or endorsed by GLG.
US-based Hedge Funds Should Consider Offering UCITs Funds
October 13, 2009
York Offers UCITS Fund On BofA Platform | www.finalternatives.com
US hedge fund managers are largely unaware of the EU-domiciled UCITs III hedge fund structure, which is revolutionizing the ways assets will be managed for non-US clients both in the EU and elsewhere. By setting up UCITs III-compliant funds, US managers may be able to distribute to constituencies that had never invested in hedge funds previously. There are few UCITs III hedge funds in the US, hence there is a first mover advantage for those willing to set up such a structure.
Shamik Bhose article presenting Gold investments Viewed as Monetary Asset
October 12, 2009
Gold as Money | www.4shared.com
Gold is set to continue its record run this year ; Can prices double in the next 12-36 months ie. go to 1240$ -1620$- 2450$ ?? We begin Gold and the Dollar with a look at Gold SeasonalitySince the beginning of its long-term bull market gold has ALWAYS risen between mid August and the final trading day of the year. The gain over this period has ranged from 1.1% to 24.7%, with an average of 11.4%. Year: Net Change in Spot Gold Price Between 15th Aug and 31st Dec:2001 +1.1%2002 +10.5%2003 +14.4%2004 +9.6%2005 +17.0%2006 +2.1%2007 +24.7%2008 +12.0%2009 + 8.25% 17 August to 22 Sept
Swiss banks are facing major challenges
September 26, 2009
Swiss Private Banks Go Down Market as Crisis Destroys Wealth | www.bloomberg.com
The issue of the Swiss banks is not limited to the effect of the crisis and the consecutive destruction of wealth.Their challenges are:- increased sophistication of many banks around the world who are closer to customers and can provide similar services;- the stigma attached to Swiss banks after the various "tax scandals" in the US, Germany.....- they are loosing the Ultra High Networth customers (over Euros 30 Millions) who are going to new boutiques which are offering more tailor-made services
Swiss Banks cultivate the affluent besides the high net worth and mega wealth
September 23, 2009
Swiss Private Banks Go Down Market as Crisis Destroys Wealth | www.bloomberg.com
Traditionally, Swiss banks only targeted the high net worth and the mega wealth, however, through the years, these two client segments have proven to be difficult to manage and more importantly, difficult to convert to a profitable relationship.
What is making the gold price rise - Part 1 - Investment Demand
September 18, 2009
Gold 2008 and the exciting 2009 | news.goldseek.com
Investment demand for gold is one of several key facets to the rising gold price. It has been perhaps the key gold price driver to the rise in the gold price over the last three years, prompting a review of gold's importance in many portfolios. Why?
Implications of Swiss Private Banks go downmarket
September 18, 2009
Swiss Private Banks Go Down Market as Crisis Destroys Wealth | www.bloomberg.com
Swiss Private Banks attracting new clients who are less affluent than their traditional wealthy clients will mean nothing new. Even before crisis requirement for minimum investment was quite flexible. Now when flow of new money changed banks brought prior practice to public.
All ETFs are not created equal
September 16, 2009
FINRA Investor alert on leveraged and short ETFs | www.finra.org
Regulatory concerns over leveraged and special ETFs are justified because the most popular funds lack transparency and could be marketed more accurately. This is not the case however for all ETFs, some simply “do what they say on the tin”.The differences between three very different types of leveraged long ETFs are analyzed briefly:Simple leverage“CPPI” based“futures” based
A good recipe for equity raise and acquisitions
September 15, 2009
MedAssurant Buys Catalyst- Middle-market M&A is beginning to pick up after massive corporate mergers. | www.mergersunleashed.com
Many company approach an equity raise and/or acquisition strategy with little forethought and guidance. MedAssurant has provided us with a very good road-map for both.
Voluntary Governance is Much Better than Forced Governance
September 9, 2009
ILPA Issues Guidelines | www.mergersunleashed.com
VC and equity firms have recently come under pressure to change some of their practices. In the past, those that have incorporated self-governance to ward-off forced changes have found the new requirements to be more lenient and less costly.
Company Valuation- Art or Science
September 4, 2009
SEC Calls Brantley Execs to the Carpet | www.mergersunleashed.com
The practice of valuing companies has little guidance and much room for interpretation. If the SEC is going to start looking into how the private equity industry is formulating their calculations, GAAP must do a better job at defining the requirements.
Mutual Fund and Brokerage Industries Brace for Upcoming Regulatory Changes
November 13, 2009
Big Impact on Mutual Fund and Annuity Sales By Advisors
November 9, 2009
US-based Hedge Funds Should Consider Offering UCITs Funds
October 13, 2009
What is making the gold price rise - Part 1 - Investment Demand
September 18, 2009
Money Market Mutual Funds Should Continue To Worry Investors
August 26, 2009