Author: Aaron

  • Which REITs Rule the Range?

    So far in 2005, real estate investment trusts (REITs) — entities that manage portfolios of real property — have generally seen firming fundamentals in all property types, from office buildings and shopping malls to apartments and hotels. And those favorable conditions appear to have been noticed by investors: This year through May, the total return…

  • First currency ETF filed

    Rydex Investments has filed an application with the Securities and Exchange Commission for the first currency exchange-traded fund that would provide exposure to the euro. Called the Euro Currency Trust, if approved the fund would trade on the New York Stock Exchange under the symbol “FXE,” according to a Tuesday filing. The Bank of New…

  • Real return bonds in spotlight

    Real return bonds — a security that offers holders inflation protection for both the interest and principal components — is the newest fixed income asset class to make its way into a structured product. Connor, Clark & Lunn Capital Markets Inc. — a unit of Vancouver-headquartered Connor Clark & Lunn Financial Group — is behind…

  • A question of offshore ins and outs

    Are some South African investors developing an inverse relationship with offshore markets? Could some of us be subject to a strange, contrarian compulsion to get into markets just as the smart money gets out? Or perhaps we ring the changes by coming onshore just as the smart money goes off? The questions are prompted by…

  • Gulf Arabs Bet Theme Park, Cargo Firm Will Temper Next Oil Bust

    Persian Gulf monarchies, flush with record oil revenue, are betting that a $7.5 billion theme park with an indoor ski slope, a $1.2 billion power grid and a $1.2 billion cargo shipper will shield them from the next energy bust. Gulf investors have announced $8 billion of overseas acquisitions in the past 18 months, including…

  • Capital Idea for China’s Wealth

    Americans so love the latest, inexpensive “Made in China” products – cars are coming soon – that Chinese firms are flush with export profits. One might think, however, that those companies could easily export that wealth as well, investing the money made in America back into US companies, as the Japanese and Europeans do. Not…

  • UK property industry calls for urgency on trusts

    UK property industry By Jim Pickard – The ownership of billions of pounds of property will move offshore unless the government urgently introduces Reits (real estate investment trusts), the property industry warned yesterday. The Treasury is keen to introduce a new tax-efficient vehicle for property investors but is adamant that such a system should not lead…

  • Hedge funds in the crosshairs

    Hedge funds have long been viewed as one of the more untouchable areas of the financial markets, and now 30,000 Canadian investors, along with a handful of pension funds, know why: Quite literally, they can’t touch their money. More than $1.2-billion they invested in two domestic hedge fund companies has been frozen by securities regulators…

  • Commodity Funds Can Diversify Portfolio

    NEW YORK — If you own both stock and bond funds, you probably consider yourself well-diversified. But research by Lipper Inc. suggests broad exposure to commodities like gold, oil and copper can go a long way toward rounding out a mutual fund portfolio, as long as you understand the risks. One of the reasons stocks…