The US Dollar – Novus Ordo Seclorum

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By Neil Azous Managing Member of Rareview Macro LLC   Most of us hand over dollar bills every day without ever really looking at them very closely. They are too familiar. But if you pause to look closely at the one dollar bill, you will see, right below the one-eyed pyramid, the Latin phrase “Novus […] Read more »

The Children’s Investment Fund Gets Some Board Support At Japan Tobacco

From Activism Monthly Premium (July 2014 edition)   When Shinzo Abe became Prime Minister of Japan in 2012, investor sentiment began to warm to a country long known for its overvaluations and prickly corporate governance. This year, the government drew Abe’s ‘third arrow’—corporate reform—from its quiver and let loose. Opinion is divided on whether the […] Read more »

Asian Hedge Funds Draw Flows At Record Pace

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By Hedge Fund Insight staff Investor capital continued to pour into the Asian hedge fund industry in late 2013 and early 2014, with record inflows and performance driving total investor capital to surpass the record level set in 2007, prior to the 2008 Financial Crisis. Total capital invested in the Asian hedge fund industry grew […] Read more »

Sellers Strike Amongst Investors

By Michael Hartnett, Chief Investment Strategist, BofA Merrill Lynch In London recently, this was the feedback I got from clients.   All mouth and no trousers  There is a clear “sellers strike” in both equities and bonds right now; no-one wants to fight the Fed and risk assets are seen as impressively resilient to bad news […] Read more »