Funds Hub
Money managers under the microscope
from Reuters Money:
The year’s best and worst ETFs
The best investments often don't have the highest returns. I know this is heresy to most, yet mass behavior can be a siren song.
About this time every year, we gaze intently at our portfolios, hoping against hope that we did something right. Sometimes we get lucky.
Two years ago, we didn't even want to open the envelope containing the bad tidings of the market meltdown. I kept my mutual fund statements sealed that year.
This year, there's some palpably good news to spread around, although it doesn't necessarily involve the best-performing investments.
Morning Line-Up: PIMCO upbeat on US; DE Shaw eyes Japan
News and views on the asset management industry from Reuters and elsewhere:
PIMCO raises US economic growth forecast on tax deal - Reuters
DE Shaw beefs up Asia presence to tap Japanese pension funds - HedgeWeek
Cazenove to launch Diversity Income fund - Fund Strategy
IASB proposes improvement to hedge accounting - HedgeWeek
- Reuters
Morning Line-Up: Fundies flock to risk assets
News and views on the asset management industry from Reuters and elsewhere:
Global fund managers embrace risk after QEII - Morningstar
VAM launches commodity equity fund - Fund Strategy
PIMCO Total Return Fund ups mortgage assets in Oct - Reuters
Hedge fund index up 1.92 percent in October - HedgeWeek
Morning Line-Up: Lehman rises from ashes, helpful hedgies sought
News and views on the fund industry from Reuters and elsewhere:
Lehman given go-ahead for new asset management company - Reuters
PIMCO calls for money market fund reform - Reuters
Altin ups macro allocation to 20 pct – HedgeWeek
GAM adds EM currency fund to UCITS range - Fund Strategy
SEC seeks hedge fund monitors - The Seattle Times
Morning Line-Up: Billet-doux for Lehman, PIMCO gets active
News and views on the fund industry from Reuters and elsewhere:
The day Lehman got a love note from a hedgie - Reuters
PIMCO launches first active equity fund - Reuters
HarbourVest seeks London port - FT.com
Art market prices set to rise 40 pct - HedgeWeek
from MacroScope:
Press that reset button…
Mohamed El-Erian, CEO and co-CIO of the world's biggest bond fund PIMCO, says 2010 is the beginning of the multi-year resetting of the global economy.
In the period up to the crisis, there were two labels that dominated the world -- Great Moderation and Goldilocks. Not too cold, not too hot. 2009 was about crisis management -- the label was 'whatever it takes'. The 2010 label is post-crisis. It's not just about post-crisis. In our view, 2010 is about multi-year resetting of the global economy. It will be a bumpy journey to the new normal.
Morning line-up
Enlightening stories on the hedge fund industry from Reuters and elsewhere.
Tudor turned away money from biggest hedge fund – Reuters
Pimco’s Zhu leaving for China foreign-exchange post – WSJ
Fortis Bank NL, Credit Suisse in PFS talks – Reuters
M. Stanley names Japan prime broking head in Asia push – Reuters
Interview – Fabrizio Ladi Bucciolini, Reyl Asset Management – HedgeWeek
Blair Franklin plans global hedge fund – Globe and Mail
