Archive for September, 2007

Demand Grows for Experts in Fair Value Accounting

Friday, September 28th, 2007

The debate about the worth of fair value accounting is intensifying. Banks are deliberating exactly how to report the value of the derivatives and financial instruments that have been undermined by the credit crunch. Amid the uncertainty, recruiting firm, A.E. Feldman reports that accounting jobs are opening up and demand is growing for accountants with [...]

Amid Increased Cross-Border Activity, Demand Soars for Transfer Pricing Professionals

Thursday, September 27th, 2007

Amid globalization and economic uncertainty, governments around the world have begun imposing tighter trading rules and aggressively pursuing tax revenues. Now, multinational organizations are facing increasing demands from different jurisdictions as authorities attempt to collect taxes on cross-border activities. And according to global surveys conducted by Ernst & Young, the most important concern among tax [...]

Opportunities Opening Up for Tax Professionals With M&A Experience

Wednesday, September 26th, 2007

The liquidity freeze may have put a damper on the mega buyout boom, but corporate executives and private equity firms say there are still plenty of deals to get done. A recent survey conducted by Grant Thornton LLP, Association for Corporate Growth (ACG), and Eureka Private Equity shows that dealmakers searching for geographic diversification will [...]

Demand for Risk Professionals Persists Amid Calls for Return to Fundamentals

Friday, September 21st, 2007

As pension plans witness the credit crunch undermine equity prices and alternative assets (like private equity and hedge funds), the U.S. assistant secretary for financial markets has urged plan sponsors to return to the fundamentals of investment management. Meanwhile, amid the volatility, Merrill Lynch has announced the development of a new U.S. Pension Index series [...]

Hedge Fund Regulatory Departments Growing

Wednesday, September 19th, 2007

Facing mounting market pressures, demands for risk management and increased scrutiny over operations, regulatory departments at hedge funds are growing. The funds are on the hunt for legal counsel and top compliance officers (also known as Chief Legal Officer). Executive recruiting firm, A.E. Feldman, says hedge funds are creating more of these positions and compensation [...]

Private Equity Firms Seek In-House Counsel

Friday, September 14th, 2007

Although the U.S. subprime crisis has virtually halted private equity activity in the United States, recent research compiled by Deutsche Bank shows that the firms will continue to actively pursue investment opportunities. According to the report, there is a substantial amount of available capital (nearly $900 billion) ready to be deployed once markets stabilize. [...]

Need for Qualified Investment Professionals Intensifying Among Hedge Funds

Friday, September 14th, 2007

August has gone down as the worst four weeks in more than a year for the hedge funds. But there is some hope that last month might have been rock bottom for the $2.4 trillion dollar industry. That would be welcome news for countless asset managers who have come to rely on the [...]

Servicers of Securitized Loans Seek to Round Out Complex Loan Workout Teams

Tuesday, September 11th, 2007

The number of homebuilders and subprime mortgage lenders seeking loan payment and property obligation relief has increased over the past several months, according to legal experts. In an effort to stem the tide of foreclosures amid the subprime fallout, federal and state banking regulators have urged holders of securitized subprime mortgages to try to [...]

Demand On the Rise For Risk Professionals With Expertise in Commercial Mortgage-Backed Securities

Thursday, September 6th, 2007

Despite gloom and doom in the U.S. housing market, commercial real estate deals were surprisingly strong in the second quarter and experts predict this trend is likely to continue. The commercial real estate sector is benefiting from strong fundamental economic activity such as an increase in industrial production, shipments of durable goods and wholesale [...]

Latin America Expertise in Demand as Region’s Real Estate Market Booms

Wednesday, September 5th, 2007

In the middle of a global liquidity crisis linked to the collapse of the US subprime market, one region remains largely insulated from the fallout: Latin America.  In fact, real estate finance in Latin America is booming.  Growth and economic stability are spurring investment in real estate development projects throughout Latin America, led by Brazil. [...]