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News & Commentary
Content tagged with Asset Management posted in January 2013
Mandatory Electronic Exchange: Determining the Right Market Model for OTC Derivatives
Commentary  |  1/31/2013  | 
While global derivatives regulations are in various stages of implementation, there is a concern that moving bespoke swaps from low-tech, high-touch, bi-lateral voice transactions to multiple trading venues could harm liquidity, according to consultants at Sapient Global Markets.
Second Twitter Hoax in Two Days Smacks Another Stock
News  |  1/31/2013  | 
Sarepta Therapeutics became the second company in as many days to see its shares plunge as a result of a Twitter hoax.
Pimco's Gross Calls US Economy 'Supernova' on Path to Extinction
News  |  1/31/2013  | 
Bond guru Bill Gross of Pimco warned on Thursday that the U.S. economy has become too credit-reliant and is requiring more and more government stimulus to produce ever-diminishing rates of growth, much like Japan has experienced over the past decade.

Despite High Hopes, BB10 Likely To Become Only A Niche Player
Commentary  |  1/30/2013  | 
The new platform offers a different user experience, but this might not be enough to reverse the company's slide.
From RIM to BlackBerry, A Company in Transition
News  |  1/30/2013  | 
Research In Motion Ltd has launched its new line of re-engineered BlackBerry smartphones, taking the wraps off the long-delayed devices at a series of events around the world on Wednesday.

Dell Founder May Control PC Maker After Buyout-Bloomberg
News  |  1/30/2013  | 
Dell Inc's founder and chief executive may pay as much as $1 billion out of his personal fortune to assume control of the world's No. 3 PC maker in a leveraged buyout, Bloomberg News reported on Wednesday citing people familiar with the matter.

Fidelity Contrafund Cut Apple Stake 3 Pct in December
News  |  1/30/2013  | 
Portfolio manager Will Danoff, whose $85 billion Fidelity Contrafund is the largest active shareholder in Apple Inc, trimmed his holdings in the maker of the iPhone by 3.1 percent in December.

Buy Side Needs to Assess Readiness for Derivatives Regs
News  |  1/28/2013  | 
With mandatory clearing of derivatives set to begin on March 13, Woodbine Associates provides a checklist for buy-side firms to assess their readiness for new derivatives regulations, including clearing, execution venues and pre-trade analysis.
Market Ebullience Due a Reality Check
News  |  1/25/2013  | 
Only four weeks into the new year, ebullient world stock markets have clocked up gains of more than four percent, so already there are murmurs about whether it's too much, too soon.

The Great Rotation: A Flight to Equities in 2013?
News  |  1/24/2013  | 
One of the big investment shifts of our day may be at hand - regardless of how global markets actually perform this year.
Schroders UK Trader Held in Insider Dealing Probe
News  |  1/22/2013  | 
British police have arrested a trader at asset manager Schroders and four other men and women in the latest swoop on suspected insider dealing as part of a regulatory crackdown on market abuse.

Morgan Stanley Pay Ratio in Institutional Securities Drops
News  |  1/18/2013  | 
Morgan Stanley set aside 44 percent of adjusted revenue in its institutional securities business for compensation last year, down from 53 percent in 2011, Chief Financial Officer Ruth Porat said in an interview on Friday.

Bloomberg Tradebook Partners with Hart Energy to Beef Up its Independent Research Offering
News  |  1/17/2013  | 
In an exclusive distribution deal with Bloomberg Tradebook, Hart Energy will create a new institutional energy research product aimed at buy side customers.
Federal Reserve's Fisher: Reorganize Banks That Are 'Too Big To Fail'
News  |  1/17/2013  | 
Regulators should reorganize the country's largest banks to protect against the risk of institutions that are "too big to fail" and that would saddle ordinary Americans with the cost of another bailout.
Chaikin Analytics Launches iPad Workstation For Institutional Asset Managers and Advisors
News  |  1/17/2013  | 
The iPad is continuing to gain steam among finance professionals, but financial institutions that are winning the mobile game are following certain rules.
BlackRock Profit Jumps 24 Pct on Strong Equities Demand
News  |  1/17/2013  | 
BlackRock Inc, the world's largest money manager, said on Thursday its fourth-quarter profit rose 24 percent, bolstered by increased investor confidence in global stock markets.

Funds Overweight Banks For First Time Since 2007: BofA Poll
News  |  1/15/2013  | 
Global investors turned overweight bank stocks for the first time in six years in January and boosted equity holdings to a two-year high, a survey showed on Tuesday.

BlackRock to Buy Credit Suisse ETF Business
News  |  1/10/2013  | 
BlackRock is to buy Credit Suisse's exchange-traded fund (ETF) business that will give the U.S. asset manager greater scale in Europe.

Nasdaq CEO Greifeld Says Debt Ceiling No Place for Stand on Spending
News  |  1/9/2013  | 
The U.S. borrowing limit should not be used as leverage by members of Congress to force spending cuts as there will be other opportunities to make a stand, said Robert Greifeld, CEO of Nasdaq OMX Group.
How To Turn a Hedge Fund Into an Informer
News  |  1/8/2013  | 
The Financial Crimes Enforcement Network is working on a rule that could force hedge funds to blow the whistle on themselves.
Global Regulators Give In To Banks Over Risk Rule
News  |  1/7/2013  | 
Regulators have eased requirements for liquidity rule originally designed to protect the global financial system.
New Rule Could Turn U.S. Hedge Funds Into Informers on Fraud
News  |  1/4/2013  | 
Financial regulators are pushing to turn hedge funds into informers on the white collar crime beat.
Former Wells Fargo CEO Pans Fiscal Cliff Deal, Other CEOs Vow to Continue Debt Fight
News  |  1/3/2013  | 
Business executives largely panned the congressional deal to steer America away from the "fiscal cliff," saying Washington wasted an opportunity to address the nation's long-term debt.
Vanguard Exec Who Oversaw $1 Trillion in Assets Resigns
News  |  1/3/2013  | 
Vanguard Group, the No. 1 mutual fund company, said on Thursday that Sandip Bhagat, the head of a global equity group that oversees about $1 trillion in assets, has resigned.



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