All GLG News Analyses Filed Under: Asset Management & Private Banking

By modifying terms of financial contracts, such as turning negative equity mortgage contracts into positive ones by forgiving mortgage principal owed, or changing interest rate terms on them, the US government (Fed and Treasury) will unwittingly make mortgage credit even more expensive as mortage investors shun...

Implications: 1.Surplus Cash is funded by foreign purchases of energy and consumer goods. 2.There are considerable investments in emerging market economies - Purpose: Leverage the amount of Capital Investments and INFLUENCE the International Economy. 3.This highly skilled Investment Unit develops a...

Implications: 1.European Countries trading in a booming Asian Market - Financial Capitalization is Complex. 2.Asian Countries invest trade surpluses in Europe and US: A dramatic CHANGE in the Balance of Financial Power. 3.Middle Eastern countries increase an oil profit windfall - A matter of other countries...

Six months ago, BaFin President Jochen Sanio warned that the "worst financial crisis since 1931" was unfolding.  Simply, I concur.

The troubled banks are selling their better assets to keep their sinking boats afloat.  ETrade entered into the asset management business just a short time ago to add this source of steady fee income to their volatile margin income.  When trouble comes they sell this valuable asset to pour...

Implications: 1.An attempt to shedding of risk adverse assets with the possibility of increasing cash holdings. 2.Every attempt is being made to maximize asset valuation. 3.All losses stem from the deliniation of the Mortgage Market. 4.There is one consideration to be carefully evaluated - the...

 Investments made by upper and mid market firms in the past two years will show lower returns, while new investments at today's valuation levels will show better returns in the future comparably. The lower-mid market is still very active and deal flow remains robust, mostly thanks to the inherent lower...

I agree with the bet being made in the short direction on the credit crunch, although it seems that there is not much downside left with the usual target (the ABX HE index) that even Deutsche Bank used to make its profits recently. The credit crunch is not uniform. Some short vehicles...

Private equity returns must revert to their traditional levels. The availability of leveraged loans for private equity will be reasonable for transactions under $ 1 billion in size.

The market for leveraged buyouts will dry up for the next one to two years in the wake of the credit crisis.