FTfm: Fund managers back a European recovery, Danes back s...


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Financial Times
FTfm
Wednesday August 14 2013

Financial Times - FTfm
 
Fund managers back a European recovery
Most investors expect European corporate profits to improve in the next 12 months, but few expect double-digit growth in earnings per share
http://link.ft.com/r/NA70KK/YGIYYY/M9C43G/NRJ96F/VT9E18/T3/h?a1=2013&a2=8&a3=14
 
Danes back straw-fuelled power plant
Denmark's biggest pension group is to back the construction of a straw-fuelled power station in Lincolnshire, providing energy for 70,000 households
http://link.ft.com/r/NA70KK/YGIYYY/M9C43G/NRJ96F/52LUCX/T3/h?a1=2013&a2=8&a3=14
 
CFTC U-turn on derivatives disclosures
Funds will be allowed to continue using the existing disclosure regime, despite the commission having prevailed in a court showdown with the industry
http://link.ft.com/r/NA70KK/YGIYYY/M9C43G/NRJ96F/PNKWR3/T3/h?a1=2013&a2=8&a3=14
 
Kohlberg & Co drops out of Steinway bidding
Kohlberg & Co waives its right to negotiate with Steinway's board after John Paulson swoops in with a higher offer for the grand piano maker
http://link.ft.com/r/NA70KK/YGIYYY/M9C43G/NRJ96F/9MGHZQ/T3/h?a1=2013&a2=8&a3=14
 
Fed issues leveraged ETF warning
The Federal Reserve has warned that trading activity by leveraged ETFs could trigger a stock market crash
http://link.ft.com/r/NA70KK/YGIYYY/M9C43G/NRJ96F/SUID3C/T3/h?a1=2013&a2=8&a3=14
 
'Whale' traders 'not evading' authorities
US prosecutors are expected to ask a grand jury to consider indictments of two former JPMorgan Chase employees, whose lawyers insist are not in hiding
http://link.ft.com/r/NA70KK/YGIYYY/M9C43G/NRJ96F/B46GM4/T3/h?a1=2013&a2=8&a3=14
 
CVC to buy UK warranty provider for £750m
Domestic & General auction takes place amid increased regulatory scrutiny of insurance practices by the newly created Financial Conduct Authority
http://link.ft.com/r/NA70KK/YGIYYY/M9C43G/NRJ96F/T1EYPT/T3/h?a1=2013&a2=8&a3=14
 
Blackstone bolsters apartments portfolio
The deal which values the portfolio at $2.7bn will be for majority stakes in apartment complexes with roughly 30,000 units in the southern United States
http://link.ft.com/r/NA70KK/YGIYYY/M9C43G/NRJ96F/FDV0XF/T3/h?a1=2013&a2=8&a3=14
 
Blame bank regulation for UK stagnation
The financial sector's inability to support economic growth is the result of the pressures it now faces from the government and regulatory bodies
http://link.ft.com/r/NA70KK/YGIYYY/M9C43G/NRJ96F/SUID3V/T3/h?a1=2013&a2=8&a3=14
 
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Exchange Traded Funds
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Video
FTfm
Insurers ride out wave of regulation

The insurance industry faces a wave of regulation, which in Europe is set to cost €2bn-€3bn over the next five years. However, State Street's Martha Whitman tells FTfm's Chris Flood that despite the looming changes, insurers are surprisingly upbeat.


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