from Global Investing:

No one-way bet on yen, HSBC says

April 16, 2013

Will the yen continue to weaken?

Most people think so -- analysts polled by Reuters this month predict that the Japanese currency will fall 18 percent against the dollar this year. That will bring the currency to around 102 per dollar from current levels of 98. And all sorts of trades, from emerging debt to euro zone periphery stocks, are banking on a world of weak yen.

from DealZone:

Can American Capital find a rich suitor?

November 2, 2009

More consolidation may be coming to the world of private equity lenders. Debt-laden Allied Capital solved its long-standing problems last week when it sold itself to Ares Capital. Rival American Capital, once an S&P 500 component but now struggling for survival, could be the next takeover target.

from DealZone:

Hot Chocolate

September 23, 2009

How much sweeter will Kraft's bid for Cadbury get? Chief Executive Todd Stitzer seemed to be telling investors -- according to banker's note we got hold of -- that a 20 percent higher bid from Kraft, or about 12.2 billion pounds ($19.93 billion), would be a fair price. Investors don't seem to have bought into his enthusiasm, having not bid the stock to anywhere near such a premium.

from DealZone:

High-frequency trading: useless and manipulative?

September 18, 2009

Floor tradersThe explosion of interest in high-frequency trading has started to drag new faces to sometimes staid industry conferences. Traders who for years worked on algorithms and computer codes behind the scenes are stepping into the spotlight. They're appearing on more and more panel discussions, feeling the need to defend their practice against the slings and arrows of politicians and regulators.

from Global Investing:

More than a nice-to-have, buy-side considers its actions

May 20, 2009

More than a "nice to have," investor sentiment is running heavily on the side of environment, social and governance (ESG) factors, according to the latest Thomson Reuters Perception Snapshot.

from DealZone:

Energy asset on block at Blackstone?

May 6, 2009

USAOne intriguing remark that Blackstone COO Tony James let slip on today's earnings call is that it could be gearing up to sell an energy asset. 
James explained that while opportunities to exit investments weren't numerous, it had succeeded making a profit on the sale of pharmaceutical company Stiefel. 
"We have another company in our portfolio... in the energy sector, which had some very, very exciting results finding unbelievable amounts of hydrocarbons and... that might be something we'd look to exit," James said on a call to the media. 
He didn't identify the company so we're doing the guessing ourselves -- out of the current energy investments Blackstone lists on its website, we reckon Kosmos Energy, which has a significant oil field in Ghana, could fit the bill.

from DealZone:

Customer to Venture Capitalists: Please, go out of business

April 30, 2009

rebecca-s-connollyEven in the depths of a recession, venture capitalists are relentlessly upbeat, but one of their big customers poured cold water on that Thursday, asking some members gathered in Boston for the annual meeting of the National Venture Capital Association to go out of business.

from Global Investing:

Investing in Iraq

April 28, 2009

Ministers from Iraq, from prime minister Nuri al-Maliki down, are in London on Thursday to attract investment into the country. Could Iraq be one of the few investment regions decoupled from the global economic cycle?

from Global Investing:

Bah Humbug

December 4, 2008

Value managers and contrarian analysts long derided as permanent bears have been poking their heads out of the woods to bring some early Christmas cheer to delegates assembled at the CFA Institute's European Conference in Amstedam.