It is difficult to foresee borrowing costs for Italian, Spanish or other troubled debt falling permanently with "anything other than the ECB being used as a lender of the last resort", says Chris Iggo
Lack of safeguards
UK FSA's Hedge Fund survey and Hedge Fund as Counterparty survey find systemic risk low, but it does offer limited warnings
Convert bonds back in favour
Cyber attack alert
Complex complex carbon
Goldman Sachs says investors should get exposure to crude oil, and put a $105 per barrel price target on it, as one of the supply-constrained commodities China most needs, David Walker reports.
Reluctant retail offering
Carefully trading volatility
Stenham has made quite a skill out of making decisive and far-sighted decisions at the right time. Back in 1987 when long-only markets headed south, Stenham’s management decided to forego long-only completely in favour of multi-manager hedge fund portfolios.
Polo Fund is a Latin America event-driven fund. The philosophy of the fund is to provide exposure to specific risk, and not market risk, via Latin equities.