The Justinian

Hedge funds recently ticked up above the $2 trillion mark after record monthly inflows. Mutual funds, not to be outdone, themselves passed the $10 trillion mark according to the Wall Street Journal:
Mutual-fund assets surpassed $10 trillion for the first time in October, according the fund industry’s trade group, the Investment Company Institute. Mutual-fund assets […]

I’ve made mention of the fierce NY-London financial rivalry in a previous post. For the uninitiated, the basic argument is that restrictive laws and policies (like Sarbanes-Oxley) have caused New York to lose its edge in financial markets. Large companies looking to go public have instead turned to London and in many cases […]

Reuters has posted a fairly exhaustive sampling of key currency analysts’ viewpoints on how global warming will affect the FX markets.  They single out the CAD as a major beneficiary given the fact that Canada may in future provide fresh water for many major western countries and be as important in that market as Saudi […]

Bid $5 billion. That’s what the Nasdaq chose to do in its latest effort to purchase the London Stock Exchange. The LSE has twice rejected Nasdaq’s offer, first for the equivalent of 950p (in March 2006), and this time for over 25% more, or 12.43 sterling. It seems the American exchange that […]

Which Web 2.0 site is the most popular? I’ll use two methods to find out…
Following the number of searches may be inaccurate because some sites don’t get as much traffic from search engines relative to others, but it does show what people what to find and are actively typing in, so it has merit.

Provided […]

Al-Jazeera shook up established media in the Middle East, and it is guaranteed to do the same as its English version launches in the West. It is in fact launching the first English language news channel to be based in the Middle East. This is old news, though. What’s new is that […]

We all know the big guys in the online travel field: Expedia, Travelocity, and Orbitz.  There are some new players however picking up ground quickly.  The heavily promoted priceline.com with television ads by William Shatner are indeed funny, but take a look at this:

Kayak.com just began outranking cheaptickets.com and priceline.com this week after passing hotwire.com […]

Dreaming of one day running your own hedge fund? You may be too late to the party. As more and more managers have chased after the potential for compensation in the tens and hundreds of millions, the returns offered by funds have dwindled substantially, to the point where funds are not even able […]

This issue is one of the more divisive in the trading world. Few traders have a middle-of-the-road view on it, and perhaps with good reason. Some of the most notorious hedge fund collapses in history, including Amaranth and Long Term Capital Management, have been partly blamed on strategies that involved “throwing good money […]

Remember all that talk not too long ago about the United States inverted yield curve? We don’t hear it a lot anymore as the NASDAQ hits a six year high today. You also probably didn’t hear much about this, the yield curve is the Eurozone is now inverted. As stated in the Financial Times:
Analysts say […]