The News Review:
- Pakistan Stock Fund May Sustain Rally With Investment
- Texas billionaire accused of $8-billion investment scam
- Insurers continue to face investment loss concerns
- Investing in Fundamental Indexing: A Game of Inches
Pakistan Stock Fund May Sustain Rally With Investment
Bloomberg -
19 (Bloomberg) — National Investment Trust Pakistan?sbiggest money manager has 65 percent of a state-backed stockmarket fund still available for investment helping sustain arally in equities from a five-year low. National Investment has invested about 7 billion rupees ($87million) since Jan. 13 from the so-called State Enterprise FundChairman.
Related from Tianjigh: strike kills 4 in Pakistan
Texas billionaire accused of $8-billion investment scam
Los Angeles Times CA -
Allen Stanford and two other principals of his investment and banking empire in a complaint alleging massive fraud. Williams10:45 PM PST February 17 2009R. Allen Stanford the Texas billionaire charged Tuesday with perpetrating an $8-billion investment fraud cast himself as offshore investment guru to the transatlantic jet set and benefactor to the Caribbean islands’ poor through multimillion-dollar promotions of their beloved sport of cricket.
Insurers continue to face investment loss concerns
Forbes NY -
Fears also remain that the insurance cycle is entering a down period and increasing investment losses could cripple the insurance industry further. “Some of what’s going on is a function of an analysis of earnings prospects versus solvency issues” said Steven Weisbart chief economist at the Insurance Information Institute a New York-based industry group. “Many are seeing earnings pressures in 2009. The KBW Insurance Index which includes 24 national insurance companies is already down nearly 27 percent so far this year.
Investing in Fundamental Indexing: A Game of Inches
Seeking Alpha NY -
As fundamental indexing gains in popularity arbitrageurs hedge funds and position traders can estimate the amount of rebalancing that will need to be done by the fundamental indexers – and front run them. This form of front running is not illegal just smart trading and it will serve to reduce the returns to fundamental indexing. Investing in semi-passive investment strategies such as fundamental indexing is a game of inches. As fundamental indexing becomes more popular rebalancing and implementation costs could easily take away any gains from the underlying investment concept. LogAndRun(load_article_toolbar); Related Articles Is the GLD ETF Really Worth Its Metal? Feb 19 2009 Investing in Fundamental Indexing: A Game of Inches Feb 19 2009 What?s the Best U.