Hedge While You Play, Profit From Porn, Sex Toys Susan Antilla

Peter Lynch, the famed investor and vice chairman of Fidelity Investments, often advised to “invest in what you know.”
Maybe that’s why Francis Koenig thinks Wall Street is ready to come around to putting big money into the adult-entertainment business.
Koenig is chief executive officer and founder of AdultVest Inc., “the world’s first and only investment community [...]

Fidelitys Pyramis Hires Prudential Exec As CEO

Pyramis Global Advisors, the institutional unit of Fidelity Investments, said on Thursday it has hired Kevin Uebelein as president and chief executive officer.
Uebelein joins Pyramis from Prudential Financial (PRU.N: Quote, Profile, Research), where he was chief investment officer for all its international businesses for the past seven years, Pyramis said in a statement. At Pyramis [...]

Hong Leong About To Have Investment Bank

Hong Leong Financial Group Bhd (HLFG) has obtained Finance Ministry and the Securities Commission (SC) approvals for its proposed acquisition of certain assets and liabilities of Southern Investment Bank Bhd and the entire equity interest in SBB Securities Sdn Bhd.
The development moves it closer to having an investment bank in its stable of companies, thus [...]

Commercial Property Bucks Gloomy Trend In Housing Market

The media are bombarding us with bad news stories about the residential property market.
For example, it was reported the Nationwide Building Society’s latest survey showed house prices recorded their largest monthly fall since 1991.
Prices dropped 2.5 per cent in May and are apparently now 4.4 per cent lower than a year ago, a fall of [...]

Hsbc Plans To Continue Investment In Emerging Markets And Us Hispanic Market

HSBC Holdings PLC, Europe’s biggest bank, said Friday it plans to continue to invest primarily in fast-growing emerging markets where it expects “reasonable growth” this year against a weaker outlook for the United States and Europe.
However, Chairman Stephen Green also said that HSBC would invest further in the United States, particularly in markets that target [...]

Blackstone Group And Private Equity Peers Fall From Wall Streets Heights

A year ago, private equity executives were Wall Street’s new masters of the universe, riding an era of easy money to unparalleled success by pulling off record-setting buyouts and pulling down monstrous paydays.
The industry became so synonymous with making money that buyout giant Blackstone Group, a specialist in taking companies private, itself went public in [...]

Beware Propertys Inflation Hedge Siren Call

Real estate has a justified reputation for protecting the investor from inflation — but only in the long-term and only if it is the right kind of inflation.
So investors worried by the growing menace of inflation should think twice before upping their exposure to the asset class, even as property markets sag and valuations become [...]

Great Portland Shows Resilience As Peskin Plans Retirement

Great Portland Estates showed its resilience in the face of the market downturn, significantly outperforming its central London benchmark.
The company’s results for the year to 31 March revealed a 2% dip in net asset value to 582p a share and a total property return of 2.6%, 7.4% ahead of the Investment Property Databank central London [...]

Arrival Of Realty Mutual Funds Aggravates Talent Shortage

The addition of new real estate investment products and property funds that developers are lining up are expected to exacerbate the talent crunch in real estate.
“The sector is currently hiring for front-office, back-office and operational roles. The levels are comparable to the first wave of aggressive hiring witnessed in the late nineties. We have seen [...]

Thomsons Online Benefits And Bdo Stoy Hayward Investment Management Announce New Partnership

Under the new agreement BDO Stoy Hayward Investment Management, which has recently been awarded Chartered Firm status, will offer a range of services to employees of Thomsons Online Benefits clients.
The services, to be offered on a fully transparent fee basis, include a range of options on investment advice from pension through to all aspects of [...]