Opalesque Exclusive: Is it a good time for global equities?... [more]Benedicte Gravrand, Opalesque Geneva: Investing in global equities is presently a roller coaster. Latest statistics from China, geopolitical events in Ukraine and uncertainty about US valuations and the dollar, all add to a generally perceived high level of risk. Hence some long-only managers are
Hedge funds like most Chinese stocks... [more]From Kapitall.com: Institutional investors are buying lots of Chinese stocks, so we found 6 with biggest spikes in purchases. The investment bank Goldman Sachs has joined JP Morgan (JPM) in its assessment that the Chinese stock market is heavily over-sold by at least 20%. Chinese shares have continu
Regulatory – NYSE, Nasdaq join to push for trading rule... [more]From WSJ.com: Longtime rivals Nasdaq OMX Group Inc. and NYSE Euronext are joining forces in a bid to reclaim trading volumes from smaller competitors, according to people familiar with the matter.
The two firms are pushing for a controversial rule to be added to a pilot program under considera
Legal – Ex-Jefferies trader Jesse Litvak convicted of defrauding buyers... [more]From Bloomberg.com: Former Jefferies & Co. Managing Director Jesse Litvak was convicted in the only criminal case against an individual in connection with a U.S. program that used bailout funds to spur investment in mortgage-backed securities.
Litvak, 39, of New York, was found guilty by a fed
Europe – Global investors’ bet on Europe recovery picks up pace... [more]From Dailytimes.com.ph: After being shunned by investors for years, the euro zone is attracting global funds at the fastest pace ever as its economic recovery beckons those fleeing emerging markets.
Many investors, from Middle-Eastern sovereign funds to South American pension funds, deserted t
…And Finally – Bacon's new app... [more]From ABCnews.go.com: Want to wake up to the sound of bacon sizzling on the stove with its aroma drawing you out of bed?
There's an app for that.
Oscar Mayer says it has created a bacon-scented app for the iPhone, developed by the Madison-based company's Institute for the Advancement