Hints and tips:
...“Many people associate volatility with risk,” Wood said. “We use volatility to our advantage,” she added....
...His title was associate, one of the lowest ranks in banking, but his colleagues gave him the unofficial status of “managing associate”, one former banker recalls, after noticing that he often provided answers...
...Bridgewater Associates and Renaissance Technologies, both considered among the best hedge funds in the world, suffered steep losses....
...We assume that recovery will just seep into the gaps left between scheduled meetings, but then find we don’t know how to handle spare time....
...Squire Patton Boggs has added former KPMG executive Stephen Ball and Simpson Thacher associates Charles Leeming and Ben Squires to its global corporate practice in London....
...“What Trump doesn’t know could fill an ocean — he has literally never read a book, including the US constitution,” says a longstanding associate. “What Trump does know fills up Trump Tower.”...
...A danger of releasing some of the pressure that has held down borrowing costs is that tighter monetary policy chokes off economic recovery....
...“The trend in job growth is still solid,” said Diane Swonk of Diane Swonk & Associates LLC, citing strength in food and hospitality hiring as evidence of firm spending by middle income households....
...Mr Ubben in particular has a problem with Mr Ackman — “Jeff can’t stand Bill,” says one associate....
...While many hedge funds fared better than the stock market during the financial crisis, and rode the 2009 recovery back to health, they have been confounded by sometimes violent market moves over subsequent...
...Betting on a US recovery – as Mr Paulson’s aptly named Recovery Fund does – has been one of the most profitable trades around. And not just for Mr Paulson....
...been dominated by “mom and pop” businesses in the past, according to a Goldman Sachs report There are 14.4m single-family rental homes in the US with an average price of $100,000, according to Zelman & Associates...
...“The issue the [we have] with systemic switches, which cut all connectivity, is that they effectively shuts down business with no chance of recovery within a reasonable period.”...
...Sean Murtagh had been a third-year associate at Goldman Sachs, in the firm’s consumer retail group, before leaving his job in October 2011....
...“It [the end of QE2] is one of the few bearish arguments that does have some validity,” says Laszlo Birinyi, founder of Birinyi Associates, who called the bottom of the S&P in 2009....
...If 2009 was a year of huge equity returns for hedge fund managers going long on the economic recovery, 2010 has been a year of trading fixed income as the cracks in the bounce-back began to show....
...But in a word of comfort for Asian-based brokers, Greewich predicts that a sustained recovery in regional equity markets will boost the size of the brokerage commission pool in 2010....
...Greenwich Associates spoke last week of “strong indications” that many German institutions “will not attempt to rebuild significant equity positions” but will instead rely more on fixed income....
...Jeff Clarke, Travelport chief executive, said there had been signs of a rebound in the recession-hit travel industry towards the end of 2009: “I believe it is a great time for a cyclical recovery.”...
...“We have improved operating margins even in the worst travel market for a decade and there is a lot of interest from investors in us as a cyclical recovery play,” he said....
...More than 20 per cent of institutional investors have increased allocations to passive strategies in the last year, according to a June survey from Greenwich Associates....
...Beagan Wilcox is associate editor of Ignites.com, a Financial Times publication...
...Large swaps trades on the back of debt issued by companies for the financing of M&A transactions also helped a recovery in derivatives activity, noted the report....
...But Philadelphia has made a remarkable recovery in recent years. Brett Webber, an architect who has lived in the centre for 16 years, witnessed the changes....
...We wish Mr Lowden a speedy recovery....
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