Analyses are solely the work of the authors and have not been edited or endorsed by GLG.
November 18, 2009
Is the Recovery Real? | www.margolisadvisory.com
Investment managers are still not operating as if this recovery has legs. What can we expect going forward and what will change that behavior?
Will the last Hedge Fund manager to leave London please turn out the lights
November 16, 2009
BlueCrest to relocate 50 staff to Geneva | www.ft.com
There is growing evidence that London is losing its allure as the location of choice for alternatives investment managers. There is no one factor driving this, but a combination of an increased focus on the taxation of expatriates; higher taxation generally; perceived over-regulation of alternative investments; and intrusion into the remuneration structures of investment managers.
Can we be in recovery if we are still in intensive care?
November 16, 2009
Is the Recovery Real? | www.margolisadvisory.com
There is undoubtedly a technical recovery in progress. Economic indicators globally say so. However, is this really a recovery, or just the impact of the heady cocktail of fiscal and monetary "drugs" that governments and central banks continue to hand out? This analysis looks at the recovery from a UK perspective.
November 15, 2009
US insider trading probe widens, ensnares 14 more | www.reuters.com
An informal observation of insider trading
Mutual Fund and Brokerage Industries Brace for Upcoming Regulatory Changes
November 13, 2009
"New Rule Will Change the Way Funds are Sold" | www.marketwatch.com
Although regulatory overhaul is not yet finalized in Washington, it’s becoming clear that major changes are ahead for the mutual fund industry as the brokerage distributors who peddle their funds will likely be forced to overhaul how they market products and offer advice to clients. Both industries must examine their business model and adjust accordingly to remain relevant and profitable through the upheaval.
Swiss offshore banking margins more vulnerable than volumes
November 10, 2009
Swiss Banks Lose European Clients | online.wsj.com
The global clampdown on offshore banking is having a tangible impact, particularly in Europe. But probably not to the extent that some have argued: offshore banking is not dead. Yes, weak and volatile economies fuel governments' need for every last cent in tax; they also represent one of the fundamental demand drivers of offshore banking. At least initially, the biggest impact is likely to felt through margin -- rather than volume -- reductions.
"Something's happening here..."
November 9, 2009
Is the Recovery Real? | www.margolisadvisory.com
The economy and the markets are giving mixed signals. Is this normal during this phase of the recovery, or is something else happening?
Big Impact on Mutual Fund and Annuity Sales By Advisors
November 9, 2009
"New Rule Will Change the Way Funds are Sold" | www.marketwatch.com
The House Financial Services Committee passed the "Investor Protection Act of 2009", which would significantly impact how Mutual Funds, Annuities and other financial products are sold by Advisors. The legislation replaces "suitability" with "fiduciary" as the Advisor standard and brings fees and commissions charged to center stage.The greatest impact would be on publicly traded asset managers, Brokers and Insurance companies which distribute through Financial Advisors and intermediaries.
November 6, 2009
Swiss Banks Lose European Clients | online.wsj.com
The article is correct. Money is flowing to Singapore. Not only money from Switzerland, but also money from China, Russia, and Indonesia. People do not trust their governments, and they are putting their trust in the benevolent dictator in Singapore. Singapore's government can stand up to the pressure put on it by other governments. It is a cross roads nation, and they have done a very good job positioning themselves to be a center of commerce in Asia. I think the other thing the article proves is that people respond to incentives. If a government gets too overbearing, they will hide money. Look for the underground economy in the US to grow with the heavy tax hand of the Obama administration.
November 2, 2009
Is the Recovery Real? | www.margolisadvisory.com
Third quarter growth was strong. Much of the strength was influenced by government stimulus. The "new normal" environment will be characterized by muted growth.
Mutual Fund and Brokerage Industries Brace for Upcoming Regulatory Changes
November 13, 2009
Big Impact on Mutual Fund and Annuity Sales By Advisors
November 9, 2009
US-based Hedge Funds Should Consider Offering UCITs Funds
October 13, 2009
What is making the gold price rise - Part 1 - Investment Demand
September 18, 2009
Money Market Mutual Funds Should Continue To Worry Investors
August 26, 2009