Archive: 10/16/2007

Main News
 
Hedge-Fund Consolidation Intensifies
Source: The Wall Street Journal Online
London-based Integrated Asset Management PLC said it bought a majority stake in fellow fund-of-hedge-funds group Altigefi, a signal that consolidation in the industry is starting to intensify. More... <http://www.hedgefund-index.com/newstoday.asp>
 
Financial Institutions
Northern Rock And The Liquidity Squeeze: Implications For U.K. Banks In The Longer Term
Recent events, most notably the liquidity squeeze culminating in the run on Northern Rock PLC (A-/Watch Dev/A-1), have shaken the U.K. banking sector in general, and U.K. mortgage-focused banks in particular. While funding conditions for large diversified banks have generally improved in recent weeks, this is less evident at the more mortgage-focused banks with above-average dependence on wholesale markets, partly because conditions now appear ripe for the beginning of the long-awaited slowdown in the U.K. housing market.
To learn more, click or copy and paste the URL below:
http://standardandpoors.rsys1.net/servlet/cc5?kHiQYRUTQTVsLgHxhilpuHQJhuV2VT
 
HSBC has just launched the Global Climate Change Benchmark Index, ... Bourne added: “Pension fund managers on a long-term investment basis and hedge fund ...
www.efinancialnews.com/privateequity/index/content/2348899727 - 34k - Cached - Similar pages - Note this
 
Hedge-Fund Consolidation Intensifies
Source: The Wall Street Journal Online
London-based Integrated Asset Management PLC said it bought a majority stake in fellow fund-of-hedge-funds group Altigefi, a signal that consolidation in the industry is starting to intensify. More... <http://www.hedgefund-index.com/newstoday.asp>
 
LONDON (Reuters)—Hedge funds may not be the obvious candidates to run electricity grids or barge fleets, but the race to generate ever-greater returns is luring more of them to do just that. Larger energy and commodities specialist funds are setting up so-called special opportunities funds to snap up infrastructure or positions in physical commodities markets. ......
 
 * Lessons learned from Great Storm *
The Met Office says improved forecasts and technology mean its failures in 1987 are unlikely to be repeated.
Full story:
http://news.bbc.co.uk/go/em/-/1/hi/sci/tech/7044050.
 
The recent launch of tranche trading in the LCDX index highlights the continued evolution of the loan-only CDS (LCDS) market.
 
BOSTON — Old Mutual Asset Management is putting more equity in the hands of executives and employees of its 19 m oney management subsidiaries to enhance stability and give subsidiaries added scope for ...
 
Given the unexpected performance problems of large quantitative hedge funds during the subprime debacle this summer, investors are curious about what happened and why “black box” quant models behaved ...
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Yield Curve Corner
 
The following is a speech by Federal Reserve Chairman Ben Bernanke on John Taylor’s Contributions to Monetary Theory and Policy, presented at the Federal Reserve Bank of Dallas.
 
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Natural Disaster Corner
 
World Meterological Organization http://severe.worldweather.org/
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Iranian Situation
 
Iran: The Real Agenda Behind Putin's Visit
 
 
Putin confirms Iran trip, despite 'plot'
AP via Yahoo! News Mon, 15 Oct 2007 9:59 AM PDT
Russian President Vladimir Putin insisted Monday he would travel to Iran despite reports about a possible assassination attempt, arguing direct contact and "peaceful means" were the only way to deal with the country's nuclear program.
 
China cancels Iran meeting over Dalai Lama
Reuters via Yahoo! News Mon, 15 Oct 2007 12:16 PM PDT
China pulled out of a meeting this week at which world powers were to discuss further action against Iran in protest against the U.S. Congress' plan to honor the Dalai Lama, the State Department said on Monday.
 
RUSSIA, IRAN:  Russian President Vladimir Putin will visit Iran today through Oct. 16, despite warnings of an alleged assassination plot targeting him, the Kremlin's press service reported.
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Opalesque’s Corner
 
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Misc. Items of Interest
 
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Funnies, Facts, Quotes, etc….

 

 

purblind PUR-blynd, adjective:

 

1. Having greatly reduced vision.
2. Lacking in insight or discernment.

 

 

1987:  A military coup in Burkina Faso overthrew head of state Thomas Sankara, killing him and eight others.

 

1969:  President Cabdirashiid Cali Sherma'arke (Abdirashid Ali Shermarke) of Somalia was assassinated.

 

1934:  Chinese communists began the Long March, the 6,000-mile (10,000-km) trek that resulted in the relocation of the communist revolutionary base from southeast China to northwest China and the emergence of Mao Zedong as the undisputed leader of the Chinese Communist Party.

 

1844:  Classical scholar and philosopher Friedrich Nietzsche was born in Prussia.

 

1839:  Encouraged by her uncle Leopold, Queen Victoria of England proposed to her cousin, Prince Albert.

 

879:  Boso convoked the bishops of Provence and had them proclaim him their king.

 

70:  Virgil, the Roman poet best known for his national epic, the Aeneid, was born near Mantua.

 

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Conference, Courses, Books, Papers

 

 

Great Research Sites:

 

http://www.highbeam.com/

 

http://www.dealbreaker.com/

 

http://seekingalpha.com/

 

www.riskmterics.com

 

http://www.allaboutalpha.com/blog/

 

 

Merrill Lynch research Link to full report including important disclosures see example

 

http://rsch1.ml.com/9093/24013/ds/78763025.PDF

 

 

John Mauldin’s Weekly Analysis

 

www.frontlinethoughts.com

 

 

James Altucher’s Website:

 

www.stockpickr.com

 

 

Other useful sites:

 

www.theflyonthewall.com

 

 

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Index Corner

 

 

The CSFB/Tremont Hedge Fund Index www.hedgeindex.com.

 

The Cogent Dynamic Averages http://www.cogenthedge.com/home/inv_strategy.asphttp://www.cogenthedge.com/home/inv_strategy.asp

 

The Dow Jones Indices: http://www.djhedgefundindexes.com/index.cfm?event=viewPremiumContent (free registration)

 

HFRX Indices https://www.hedgefundresearch.com/hfrx_reg/index.php?fuse=login&1170880431

 

http://www.cogenthedge.com/home/inv_strategy.asp

 

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Regulatory Info

 

 

Commodity Futures Trading Commission (CFTC)

 

Division of Enforcement: +1 866-FON-CFTC

 

http://www.cftc.gov/enf/enfform.htm

 

http://www.cftc.gov/enf/enfform.htm

 

Securities and Exchange Commission (SEC)

 

e-mail: enforcement@sec.gov

 

http://www.sec.gov/complaint.shtml

 

http://www.sec.gov/complaint.shtml

 

Autorité des marchés financiers (AMF)

 

Ombudsman's office: +33 (0)1 5345-6464

 

French: http://www.cob.fr/affiche_page.asp?urldoc=mediateur.htm&lang=fr&Id_Tab=0

 

English: http://www.cob.fr/affiche_page.asp?urldoc=mediateur.htm&lang=en&Id_Tab=0

 

http://www.cob.fr/affiche_page.asp?urldoc=mediateur.htm&lang=en&Id_Tab=0

 

Financial Services Authority (FSA)

 

http://www.fsa.gov.uk/consumer/01_WARNINGS/scams/mn_scams.html

 

http://www.fsa.gov.uk/consumer/01_WARNINGS/scams/mn_scams.html

 

Financial Ombudsman Service: 0845 080 1800, outside the UK: +44 (0)20 7964 1000

 

complaint.info@financial-ombudsman.org.uk

 

http://www.fsa.gov.uk/consumer/01_WARNINGS/scams/mn_scams.html

 

Hong Kong Securities and Futures Commission (SFC)

 

http://www.sfc.hk/sfc/html/EN/inutilbar/contact/contact.html

 

Investor Hotline: 852-2840-9333

 

investor.info@sfc.hkhttp://www.sfc.hk/sfc/html/EN/inutilbar/contact/contact.htmlhttp://www.sfc.hk/sfc/html/EN/inutilbar/contact/contact.htmlhttp://www.sfc.hk/sfc/html/EN/inutilbar/contact/contact.html

 

 

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Disclaimer

 

 

The information contained in this document does not constitute an offer or solicitation to sell any security or other type of vehicles to or by anyone in any jurisdictions, nor should it be regarded as a contractual document. Under no circumstances should the information provided on this document be considered as financial advice, or as a sufficient basis on which to make investment decisions. The information contained herein has been gathered by Investor DNA, LLC from sources deemed reliable as of the date of publication, but no warranty of accuracy or completeness is given. Investor DNA, LLC is not responsible for and provides no guarantee with respect to any of the information provided herein or through the use of any hypertext link. Past results are no indication of future performance. All information in this newsletter is for educational and informational purposes and does not constitute investment, legal, tax or accounting advice. All materials are the property of the respective publishers, as referenced by header and appropriate hypertext links.

 



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