All Features articles – Page 347
-
Features
Rescuing fallen angels
If there is one realm in which the theory ‘beggars can’t be choosers’ is surely disproved, it is that of the financial markets. Wounded by two to three years of weak global equity markets, investors are being thrown ever more choices as they forge ahead on their quest for positive ...
-
Features
Uncertainty overhang holds back investors
Since Graham & Dodd published their paper on Securities Analysis in 1934 and T Rowe Price rejoined with a piece in Barron’s on investing for growth later that decade, the two contrasting styles of growth and value have competed for the high ground in US investment. For a European pension ...
-
Features
Surprise move by Bank of England
It has hardly been the most unpredictable first few months for the European bond markets in 2003. Economic situation – gloomy, war in Iraq – probable, ECB rate cuts – likely. An environment, which although has been positive for the European bond market, driving a sharp downward spike in yields, ...
-
Features
DTCC's wake-up call to Europe
Securities settlement in Europe is known to be more costly and inefficient than in the US. These pale into insignificance when compared with the financial assault on investors in European investment funds, again in contrast with their counter parts on the other side of the Atlantic. In the US, the ...
-
Features
Change on the horizon
In matters of French pensions the adage plus ça change, plus c’est la même chose could often be employed in the past with an accompanying gallic shrug. Today the case is different. While France is not about to give up its beloved répartition (pay-as-you-go) pensions system for all the demographic ...
