Unstructured Finance

Bankex up over 2 percent

May 31, 2011

The BSE Banking index gained more than 2 percent on Tuesday as the overall market ended firm after gaining over 250 points.

The search for Einhorn’s gold

May 31, 2011

 

By Matthew Goldstein

These days, all anyone wants to talk about with David Einhorn is his tentative $200 million investment in the New York Mets. But baseball may not be the hedge fund manager’s only interest in Queens–the New York City borough where the Mets play their home games.

Deals wrap: Wanting a bigger voice

May 31, 2011

Pension funds and endowments are sending hedge fund managers a friendly message – let us sit in the front seat with you, please. A 42-page long guide now offers detailed suggestions on how hedge funds should be managed. Download the PDF format guide here.

No comfort for hedgies

May 28, 2011

By Matthew Goldstein

The news that federal investigators had been gathering evidence of potentially improper trading against one of the founders of Loch Capital Management since early 2009 should make some hedge fund managers nervous–especially ones whose funds were big users of expert network firms like Primary Global Research.

Deals wrap: MGM China IPO may be a gamble for investors

May 27, 2011

Macau casino operator MGM China, co-owned in part by casino mogul Stanley Ho’s daughter Pansy Ho, raised $1.5 billion from its Hong Kong initial public offering after pricing it at the top of its indicative range, triggering some concerns about lofty valuations.

Deals wrap: Maple’s hostle bid for TMX may change exchange landscape

May 26, 2011

The London Stock Exchange faced an increasingly bitter battle for control of Canadian peer TMX Group after rival bidder Maple Group took its higher offer directly to shareholders.

Einhorn’s Field of Dreams

May 26, 2011

By Matthew Goldstein

David Einhorn’s decision to plunk $200 million on the cash-strapped NY Mets could be a bullish development for investors holding the bonds to finance the baseball team’s new stadium.

PF account access online – a model to follow?

May 26, 2011

With a 9.5 percent interest rate and attached tax benefits, provident fund (PF) is perhaps one of the most favoured investment avenues for salaried individuals.

L&T shares fall over 2 pct

May 25, 2011

Shares in Larsen & Toubro fell 2.2 percent on Wednesday as the overall market remained weak and ended down over 150 points.

Deals wrap: Treasury sells stake of AIG

May 25, 2011

The Treasury made a small profit when it sold a portion of its shares in AIG, but it was unclear how its investment in the beleaguered insurer will ultimately fare.