Archive for October, 2007

Hedge Funds, Private Equity Gain Global Appeal

Wednesday, October 31st, 2007

The world’s wealthiest private investors are planning to inject more money into alternative investments over the next three years. That’s according to a new study issued by Barclays Wealth. The study, which polled 790 wealthy individuals from around the world, indicates that wealthy individuals around the globe are increasingly attracted to private equity and hedge [...]

Increasingly Popular, Closed-End Funds to Attract Talent

Wednesday, October 31st, 2007

Closed-end funds have garnered increasing attention this year because their discounts have widened. Bargains in closed-end funds continue to pile up. Last month they reached discounts to net asset values not seen in almost two years, according to a report issued by The Street. Now, money continues to move into the sector, as closed-end funds [...]

Opportunities Increasing for Wealth Managers & Relationship Managers

Tuesday, October 30th, 2007

Global wealth grew by 7.5% last year to reach $97.9 trillion - the fifth consecutive year of expanding wealth, according to Boston Consulting Group’s (BCG) seventh annual global wealth report. Although wealth remains concentrated in certain regions, Merrill Lynch and Capgemini report that strong growth in real GDP and stock market capitalizations were key drivers [...]

CFA Compensation on The Rise

Tuesday, October 30th, 2007

Chartered financial analysts have something to smile about these days, the vast majority report that their compensation is on the rise. The CFA Institute’s 2007 Institute Member Compensation Survey shows that 72% of CFA’s say their total compensation increased between 2005 and 2006. But the pay increase is not just about the designation and individual [...]

Hedge Funds Seek Investment Professionals as Appetite For Alternatives Remains Strong

Thursday, October 25th, 2007

Prospects for more challenges in the financial markets have bolstered investor appetite for alternatives, such as hedge funds. Pension funds, endowments and wealthy private investors injected $45.2 billion to hedge funds in the third quarter, bringing total assets under management in the hedge fund industry to $1.8 trillion, according to research compiled by Hedge Fund [...]

Emerging Markets Expertise in Demand as Investment in Developing Economies Soars

Wednesday, October 24th, 2007

Despite market volatility stemming from the credit crunch, investment in emerging markets will surge to record levels this year. That’s according to research compiled by the Institute of International Finance a leading international banking group. New research also reveals that a growing number of businesses are looking to engage in M&A activity in emerging markets. [...]

Need Growing for Experts in Economic Crime

Wednesday, October 24th, 2007

Despite mounting regulatory efforts and vast investment in internal controls, a majority of U.S. companies continue to be plagued by economic crime. A new study shows that losses stemming from fraud have reached a staggering $223 million, and economic crime remains a major threat to companies around the world regardless of their size, location or [...]

IMF: Emerging Markets to Bolster Global Economy

Tuesday, October 23rd, 2007

The International Monetary Fund says the recent turbulence in financial markets triggered by the fallout from the U.S. subprime mortgage market will trim global growth next year, but the IMF also expects healthy growth to continue into 2008, with emerging markets serving as the main growth engine of the world economy. The IMF’s projections are [...]

Focus on Risk Continues

Tuesday, October 23rd, 2007

S&P is inching closer to incorporating enterprise risk management in its criteria for rating the credits of non-financial companies, according to Financial Week. The report suggests the move is raising red flags among executives who believe their debt ratings could suffer if the credit rating agency identifies weaknesses in their risk management practices.
Enterprise risk management [...]

Hedge Funds Focus on Compensation in Attracting Talent

Tuesday, October 23rd, 2007

The world’s leading hedge funds managers say they are most concerned about attracting and retaining talent and managing growth. That’s according to a new poll of more than 100 global hedge fund and fund of funds managers, collectively managing roughly $900 billion conducted by Ernst & Young.
The global hedge fund industry currently manages $2.48 trillion [...]