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  • Is an oil disaster just around the corner? Barring political upheaval in the Middle East, which will not come right away, probably not. Rather, look toward benefits from falling oil prices by the year-end.
  • Can the traditionally close relationship between private banks and hedge funds survive growing inflows of new money from institutional investors with huge volumes of funds to allocate and a less agile investment process?
  • Deutsche Bank
  • Deutsche Bank's hire of Gary Jenkins, former global head of credit research at Barclays Capital, and his former European strategist colleague, Jim Reid, is a coup for the bank and a big blow for BarCap, which had wanted the pair to return.
  • JPMorgan Fleming Asset Management?s Sino-foreign joint venture is set to launch its first open-ended fund. Last month, the joint venture was given approval from the China Securities Regulatory Commission for the launch. This approval also marked the official founding of the global asset manager?s joint venture with Shanghai International Trust and Investment Company, called China International Fund Management.
  • New tax rules could help the UK take the lead in the nascent property derivatives market in the second half of 2004.