Author: Aaron
-
Are These New ETFs a Good Idea?
By Dan Culloton – StreetTracks Gold Shares (GLD) , the first exchange-traded fund tracking a commodity, was one of the most successful ETF launches in history. Within weeks of its November 2004 launch it amassed more than $1.5 billion in assets. Is it any wonder that other financial firms are scrambling to introduce their own…
-
Rules spur REITs offshore
Regulatory changes are set to spur Singapore-listed real estate investment trusts (REITs offshore) to acquire overseas properties even as asset prices in the city state rise. Singapore, which has surpassed its traditional rival Hong Kong in developing listed property trusts as popular investment vehicles, is looking to change the rules to make it easier for…
-
Foreigners Invest US$8.9 Bln in S. Korea Through Tax Havens
SEOUL, June 28 Asia Pulse – Foreigners invest a total of US$8.9 billion into South Korea through countries offering very favorable tax laws for foreign businesses and individuals, according to the country’s tax authorities Tuesday. In a report to the National Assembly, the National Tax Service (NTS) said about $6.6 billion of the investments came…
-
China’s On The Playing Field
NEW YORK – Look-out global playing field. Here comes China to play. Before we can turn around, suddenly China, or at least Chinese companies–and is there a real difference?–may wind up owning some large swaths of corporate America. A Chinese company, Lenovo, bought IBM’s entire PC business last month. Now, Chinese companies may be in…
-
In Defense of Hedge Funds
IT’S BOTH AMAZING AND a little bit bizarre that the same mainstream media that told folks to stick it out for the long haul while the market melted in 2000 and 2001 are now writing smear pieces about hedge funds simply because they’re not minting money this year. Indeed, we’re now in the golden age…
-
The Future of the Dollar
By Clyde Harrison – CHICAGO (ResourceInvestor.com) — Leo Malamed is known as the Father of the derivatives market. I started in the investment business in 1968, so I was around when the baby was born. In 1968, the Mercantile Exchange wasn’t well known as they only traded eggs and pork bellies. The Exchange being made…
-
Striking out inflation
Dick Fisher is the spanking new president of the Federal Reserve Bank of Dallas and a voting member of the Fed’s open market committee policy arm. A terribly bright guy, he is somebody who reads the research memos and looks at the data. He may be a Democrat — he served as deputy trade representative…