Archive for January, 2008

Opportunities Opening Up in Infrastructure

Thursday, January 17th, 2008

Private investment has become vital to the improvement of public infrastructure, and competition for capital has become fierce.  The cost to maintain and develop infrastructure is mounting and state and local governments are increasingly reaching out to private investors for funding.  A slew of new infrastructure funds have been launched in recent months, according to [...]

Rising Demand for Talent in Dubai

Wednesday, January 16th, 2008

Kuwait’s Global Investment House and United Arab Emirates investment firm Al-Qudra Holding have announced plans to set up an investment bank in Abu Dhabi to tap growth in the second-largest Arab economy, according to Trade Arabia.  The report suggests that banks across the region have been expanding abroad as they seek to capitalize on an [...]

Staggering Growth at Sovereign Wealth Funds

Tuesday, January 15th, 2008

Sovereign wealth funds more than doubled their global spending spree last year.  Looking ahead, The IMF says that these investment vehicles funded by a country’s foreign reserves could quadruple in size to roughly $13 trillion by 2012 thanks to soaring oil prices and huge growth in emerging markets.  The growth has caught the attention of [...]

Distressed Debt Opening Doors for Top Talent

Monday, January 14th, 2008

Like bargain hunters, hedge funds and so-called “vulture investors” are currently looking for opportunities in troubled situations.  In the wake of the subprime meltdown, a number of investors turned to distressed investing - a cyclical strategy that tends to do well when times are tough for everyone else.  They are seeking out cheap or distressed [...]

Securities Industry Sees Growing Demand for Back and Middle Office Staff

Friday, January 11th, 2008

As the asset management industry uses more complex financial instruments and faces increasing pressure to improve performance, cut costs and comply with regulatory requirements, more firms are going out-of-house for back- and middle-office functions (an array of securities services ranging from trade processing and settlement to fund administration and investment operations.)  Meanwhile, following record net [...]

Boards on the Hunt for Talent to Implement Enterprise Risk Management Initiatives

Thursday, January 10th, 2008

Fears that the current liquidity crunch will spark a U.S. recession in the next 12 months underscores the need for new thinking on systemic financial risk and rigorous action in a number of problem areas, according to GlobalRisks 2008 - the latest report from The World Economic Forum released today.  In response to the revolution [...]

Upswing in Demand for Real Estate Investment Professionals

Wednesday, January 9th, 2008

The outlook for global real estate remains strong despite turbulence in the debt markets.  That’s according to new research from real estate investment managers LaSalle Investment Management.  ”Institutional investors are generally increasing their allocations to real estate.  Fundamentals remain strong and are capable of weathering a slowing global economy,” says Jacques Gordon, Global Head of [...]

REITS May Be Poised for Rebound, Hunt for Real Estate Investment Talent Heats Up

Tuesday, January 8th, 2008

Real estate investment trusts (REITs) had a sobering 2007.  The National Association of Real Estate Investment Trusts’ All REIT Index fell 17.8% last year.  Looking ahead however, many analysts say that REITs are not only prepared to withstand volatility in 2008, but many of them are also ripe for a rebound.
 
Once a rarity outside the U.S., [...]

Buffett’s New Bond Insurance Venture to Trigger Hiring Spree

Friday, January 4th, 2008

The Oracle of Omaha has entered the beleaguered bond insurance industry.  The billionaire investor told The Wall Street Journal he is ready to plow “quite a bit of capital” into his newly launched municipal bond insurer, Berkshire Hathaway Assurance Corp., which will insure bonds in New York and at least four other states.  Buffett’s move [...]

Investors Boosting Exposure to Hedge Funds, Competition for Talent Heats Up

Thursday, January 3rd, 2008

Amid high demand for hedge funds among ultra wealthy investors, new research shows that the hedge fund industry recorded net inflows of $41.1 billion in the third quarter of 2007.  Now, as the new year begins, executive search firm, A.E. Feldman, reports that hedge fund jobs are opening up.  Funds that have managed to sidestep [...]