Source: AltAssetsUS financial services conglomerate Citigroup is plotting to raise over $3bn for its private equity and hedge funds, according to Bloomberg.In spite of looming US regulations that may prohibit banks from dealing in alternative investment asset classes, Citi may seek to raise $1.5bn for private equity and $750m for hedge funds this year.
Posts Tagged ‘Asset Classes’
Citi to raise $3bn for PE and hedge units
June 18th, 2010 
Before You Invest 
Posted in Finance Fraud 
Tags: 750m, Alternative Investment, Alternative Investments, Asset Classes, Breathing Space, Capital Advisors, Citigroup, Commodities, Conglomerate, Hedge Fund Of Funds, Hedge Funds, Investment Asset, Management Teams, Private Equity, Regulators, Senate Bills, Six Years, Spite, Stocks Bonds, Wall Street 
Comments OffCME Group volume up 17% in Feb ‘10
March 2nd, 2010 Before You Invest (AP) — Derivatives exchange operator CME Group Inc. said Tuesday its February volume averaged 12.5 million contracts per day, a 17 percent increase from a year ago.Total volume was 238 million contracts in February, with 84 percent traded electronically.Electronic volume averaged 10.5 million contracts per day, up 23 percent from February 2009.CME Group’s exchanges offer a range of products representing all major asset classes, including futures and options based on interest rates, equity indexes, foreign exchange, energy, agricultural commodities, metals, weather and real estate.
Posted in Finance Fraud Tags: 5 Million, Agricultural Commodities, Asset Classes, Cme, Contracts, Derivatives, Electronic Volume, Equity Indexes, Exchange Energy, Exchange Operator, Foreign Exchange, Futures And Options, Group Volume, Interest Rates, Metals, Real Estate, Weather Comments OffMongolia Considers Selling Stakes of Copper, Coal, Gold Assets
February 9th, 2010 Before You Invest (Bloomberg) — Mongolia, the Asian nation with some of the world’s largest untapped mineral resources, is considering setting up separate companies owning the country’s gold, copper and coal reserves and using investment banks to sell shares to global investors, the prime minister said.The country will start the process toward listing this year and plans to sell shares first on the Mongolian Stock Exchange, Prime Minister Sukhbaatar Batbold said in an interview yesterday in Ulan Bator, the capital.
Posted in Finance Fraud Tags: Alisher, Asian Nation, Asset Classes, Chief Executive Officer, Coal Deposit, Coal Reserves, Coal Resources, Equity Stakes, Food Shortages, Global Investors, Gold Assets, International Investment Banks, Mongolian Stock Exchange, Overseas Investment, Resource Companies, Share Sales, Sukhbaatar, Ulan Bator, Wall Street Journal, Western Regions Comments OffBlackRock planning global trading platform
September 16th, 2009 Before You Invest Asset manager BlackRock is to launch its own global trading platform, it has emerged.According to the Financial Times, the company intends to utilize the system to rival those used by many firms on Wall Street.The business will have around $3,000 billion in assets under management once it has completed its acquisition of Barclays Global Investors (BGI) in December and it has appointed Minder Cheng of BGI to oversee the launch of the platform.BlackRock said in a leaked internal memo seen by the news source that the new offering will “fully realize the cost efficiencies and trading opportunities across all asset classes as we become one of the largest trading operations in the world”.Those familiar with the plot – which is said to still be in its early stages – clarified that BlackRock will not be charging fees for the service due to the fact that it is being introduced in order to save clients money.The company reached a deal worth around $13.5 billion for BGI in June.
Golden cross : A technical phenomenon may have fired off a buy signal for stocks
July 3rd, 2009 Before You Invest EVEN THE MOST SEASONED market professionals secretly want one special indicator that tells them what to do.For many, the “golden cross,” which ties two key moving averages together, is as close as they dare to get. Last month, the golden cross fired off a buy signal on the Nasdaq, suggesting it was time to get long and stay long in the stock market.A golden cross occurs when the 50-day moving average crosses above the 200-day moving average.
Posted in Finance Fraud Tags: Asset Classes, Bullish Signal, Day At A Time, Death Cross, Dow Jones, Dow Jones Industrial Average, Finding A Home, Golden Cross, Golden Egg, Golden Goose, Good Job, Legendary Creature, Market Decline, Market Professionals, Moving Averages, Nasdaq, One Day At A Time, Recession, Stock Market, Term Trend No Comments »
