State of the Hedge Fund IndustrySeptember 14, 2010, 1pm-5pm followed by cocktail reception
New York City
Join us as distinguished experts from the hedge fund industry speak candidly about the biggest issues affecting managers today. Speakers will discuss challenges and opportunities in a post-financial crisis world, including the new—more difficult—capital raising environment; what smaller firms can do to ‘institutionalize’ themselves; and how seeding firms are playing a important role as the fund of funds model wavers. Other topics include regulatory reform and what it means for hedge funds, and a discussion about where alpha can be found going forward.
Co-hosted by FINalternatives
Agenda
1:00 – 1:30 Registration
1:30 – 2:00 State of the Industry, State of the Markets
2:10 – 3:00 Panel One: Growing Your Assets
JOHN SEIGENTHALER, CEO-NY, Seigenthaler Public Relations (former NBC News Anchor) – Moderator
ALAN GLATT, Managing Partner, Protocol Capital Management
ANTHONY SCARAMUCCI, Managing Partner, SkyBridge Capital
DANIEL SOLOMON, President and COO, Lyford Group International
3:00 – 3:30 Coffee Break
3:30 – 4:20 Panel Two: Post-Crisis: Challenges And Opportunities
SIMON FLUDGATE, Partner, Aksia
Additional Speakers to be announced
4:30 – 5:00 Keynote Speaker
WARREN MOSLER, Founder and Principal, III Offshore Advisors
5:00 – 6:30 Cocktail Reception
Daily Archives: August 4, 2010 @ 11:09 am (Wednesday)
Non-Mfg ISM
With modest GDP growth and a 1.4 trillion deficit downside to equities can only come from an external shock.
High unemployment keeps the Fed on hold and the 0 rate policy keeps costs of production down and keeps personal income gains modest.
At least for now, the combo of 0 rates and an 8%+ budget deficit continues to be supportive of only modest aggregate demand growth and only very modest employment growth.
Again, good for stocks, where a bit of top line growth and productivity gains keep earnings growth positive.
Karim writes:
- Strong service sector report with particular strength in key components (orders and employment)
- Employment index crosses 50 and at highest since 2008
- Service sector picking up growth mantle from manufacturing
- ADP gain plus upward revision to prior month suggest about 125-150k in private sector job growth
| July | June | |
| Composite | 54.3 | 53.8 |
| Activity | 57.4 | 58.1 |
| Prices Paid | 52.7 | 53.8 |
| New Orders | 56.7 | 54.4 |
| Employment | 50.9 | 49.7 |
| Export orders | 52.0 | 48.0 |
| Imports | 48.0 | 48.0 |
CH News | Australia Has Record Trade Surplus on China Coal, Iron Demand
It’s good to be China’s coal mine.
Though it does make Australia one of the world’s largest contributors to the increasingly unpopular emissions issues.
Australia Has Record Trade Surplus on China Coal, Iron Demand
Australia Has Record Trade Surplus on China Coal, Iron DemandBy Jacob Greber
Aug. 4 (Bloomberg) — Australia’s trade surplus unexpectedly
reached a record in June as Chinese demand spurred exports of
coal and iron ore, while imports stagnated amid a slowdown in
domestic spending.
The excess of exports over imports reached A$3.54 billion
($3.2 billion), almost double the median forecast in a Bloomberg
News survey, a Bureau of Statistics report showed in Sydney
today. A separate report showed house-price gains decelerated in
the second quarter, underscoring the impact of the central
bank’s six interest-rate increases since early October.