Philip Chua Business Blog

Posts Tagged ‘Investment’

NYT: Wall Street trading is often described as a blood sport. But inside the great investment houses, there’s another sport of the moment. Curling.

Curling – Sport – Wall Street – Winter Sports – New York Times

Fed chairman Ben Bernanke told lawmakers the central bank is looking Wall Street’s use of a sophisticated investment instrument to make bets that Greece will default on its debt.

Ben Bernanke – Wall Street – Central bank – Greek language – Business

POLICYHOLDERS of NTUC Income can expect a surprise bonus this year to commemorate its 40th anniversary. Yesterday, its chief executive Tan Suee Chieh told The Straits Times that it is likely to do ’something special’ for its customers to mark the anniversary.
Details will be announced when the insurance cooperative posts its investment performance next month or in April.
Besides the good news for … more

INVESTORS should use the recent correction to buy into markets, say strategists of two private banks. But banish the thought of a buy and hold approach, as volatility may well erase gains made during the year.
Says Credit Suisse Private Bank’s chief investment officer Stefan Keitel: ‘Buy on weakness, sell on strength. There will be two to three corrections in 2010 but also opportunities.
‘We think… more

(SINGAPORE) Distressed selling may be a thing of the past, but prospects in the secondary private equity (PE) market are definitely looking up, says Paul Capital, a global alternative investment manager with US$6.6 billion in assets under management.

‘Whether it is fundraising activity, investor interests or exits, we see encouraging signs on all three fronts,’ the company’s regional head, Lucie… more

SOVEREIGN wealth funds (SWFs) – including the Government of Singapore Investment Corporation (GIC) – are feared more for what they are than for what they really do.

Such funds, which are owned by governments and funded by surpluses accumulated by the state, are often regarded with suspicion, especially in rich countries in Europe and America. There, such public money is typically used to build h… more

Thomas Hardin, an investment analyst at the center of the biggest insider-trading case in a generation, may lead prosecutors to other key players in the investigation of Raj Rajaratnam and his Galleon Group hedge fund.

Treasury Secretary Timothy Geithner will face a congressional grilling later this month about the suppression of key details on deals that funneled billions to big investment banks.

New York Federal Reserve Bank – Timothy Geithner – United States Treasury Secretary – Government – American International Group

(SINGAPORE) Things are looking pretty solid in equities. Stock markets have posted a V-shape rebound, and some research houses even expect indices to hit fresh highs in the year ahead.
But analysts also see some major headwinds next year that could derail any recovery in stock markets.
In a report, David Rosenberg, chief market strategist at investment firm Gluskin Sheff, points out that although … more

A string of exploding investment bubbles that started with the dot-coms and ended with mortgages and oil dominated the years from 2000 to 2009. Will the next decade be different?

Wall Street – Business – Investing – Financial Services – Directories