Jul
03
According to the BBC, new EU rules to regulate bank bonuses – announced on Thursday – will hit Mayfair hard: the onerous restrictions on pay, says Robert Peston,
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Jul
03
Energy hedge funds in Europe are collapsing after investor withdrawals forced managers to scale back bets amid sliding prices for oil, coal and electricity.
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Jul
03
An older generation of hedge fund heavyweights, including Julian Robertson and Michael Steinhardt, shut their firms after deciding they no longer wanted to invest money for clients. Some of today’s most successful hedgies are surrounding themselves with experienced traders in an effort to keep clients from pulling out after they stop running the funds.
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Jul
03
Despite, or maybe because of the world’s economic travails, Islamic finance has continued to stride ahead, as investors seek alternatives to products that have let them down in the recent past.
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Jul
03
A newspaper in London, an acknowledged hub for Islamic finance, ran an eye-catching headline recently: “After six years, Sharia-compliant bank products are ‘huge flop’.”
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Jun
15
Merrill Lynch Wealth Management, which oversees $2.2 trillion, is holding onto its euro- denominated assets, betting this year’s 15 percent slide in the common currency will boost exports.
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Feb
20
Nearly one third of sovereign wealth funds that control over $7 trillion in assets are aiming to increase their investments in equity markets during the second half of 2009, new figures show.
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Jan
26
“Those who don’t operate wealth by their own hands is like watching elephant fight from a mountain” which basically means you cannot control your wealth by giving it to other to play with. Another statement says “Wealth must be cared like a baby, with love and nourishment”.
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