Markets
Markets news from around the web
UKFI: RBS and Lloyds might have to be sold at a loss
Guardian: Treasury select committee extracted the assertion by the members of UK Financial Investments that shares in Royal Bank of Scotland and Lloyds might need to be sold off at a loss.
City set for a shake-up – but will it work?
Independent: The financial services industry faces major changes in how it is policed. James Moore looks at what effect they are likely to have.
Shaken but not stirred: the emerging market managers' view
Citywire: The iconic American movie Gone With the Wind ends with Scarlett O’Hara defiantly declaring ‘tomorrow is another day’, after the complications of an ill-starred love triangle leave her abandoned.
Stunned Goldman is forced to fight for its reputation
City A.M.Notoriously private investment bank Goldman Sachs was last night forced to make public an internal email reassuring its 30,000 employees, after a tumultuous day saw a disgruntled ex-employee write a scathing attack on the firm in the New York Times newspaper, after he had resigned.
Five investment myths dispelled
Citywire: Financial wisdom hasn’t been nullified by the latest crises
Passive gets active as major index providers unite
Citywire: Three of the world’s major index providers have combined to found the first ever trade association for the index industry in a move which reflects growing interest in passive products.
Wall Street hits post-crisis high on eurozone and US optimism
Guardian: Dow Jones industrial average soars through 13,000 points as Fitch upgrades Greece’s credit rating from junk to B
The decisions that saved fund managers in 2008 and 2011
Citywire: After the particularly difficult years of 2008 and 2011, capital preservation strategies have become increasingly important in institutional asset management.
Three months from crash, markets recover as fears fade
BBC News: Just over three months since the markets hit rock bottom, it is clear that anyone who was canny enough to spot it could have made handsome returns: a 97% gain on the Dow, a 66% return on the FTSE and a 40% rise in the Nikkei.
The Japanese stock market has leapt by 15% since we urged investors to pile in post-quake.
Motley Fool: Last year was an annus horribilis (‘year of horrors’) for the Japanese people, nation and economy.
RBS and Goodwin sued for £2.4bn by angry investors
ETF portfolios will transform investing
Greece 'closes in' on debt swap as deadline looms
Aviva committed to UK 'hook, line and sinker'
Leading the way in long/short: the top 10 managers
FTSE 100 suffers biggest one day fall for nearly three months on Greek doubts and Chinese slowdown
Ponzi fraud: two men found guilty of involvement in £115m UK scam
Allen Stanford guilty of setting up $7bn Ponzi scheme
Trusted brands 'are best' dividend payers
Drop in China’s economic growth target sends markets into a spin
In Depth
In focus: Playing the long game
With the continuing crisis in Europe and the UK facing recession, where should pension funds look to ensure growth in their equity portfolios, asks Luke Clancy
Markets: Our views
Pension funds' waning influence laid bare
Kay Review finds funds are no longer the power in the land they once were, writes David Prosser
The trend: Age has no effect on productivity, says new report
Does an ageing population mean a sluggish economy? Conventional wisdom says yes, but new research suggests otherwise.
A question of capacity
Philip Coggan says the effects of capacity constraints apply equally to hedge as they do to vanilla funds
Claim and counterclaim
There are always good reasons to increase consumer protection, but in Solvency II-style requirements for pension funds, the costs outweigh the benefits
In good company
The strengthening corporate debt universe is a double-edged sword for pension funds
The trend: Model portfolio
Analysis of 30,000 institutional portfolios over a ten year period has revealed the popular diversification model has failed to significantly reduce volatility.
Paying dividends
Sharing the blame
No certainties about solvency
Following the leader
Don’t get down about downgrades
Playing to the gallery
Money in the bank
Shifting sands
See you in court?
Should pension funds trumpet Tobin?
Ever closer to unraveling
Filling the hole in infrastructure investment
Recession, what recession?
The trend: Getting better at corporate governance
