| How to avoid currency risk when buying property outside the eurozone |
Issue: 07 / 2005 |
| Bruno Doutrelepont advises investors on how to eliminate the exposure of overseas property investments to adverse movements in the foreign exchange markets through currency hedging. |
| |
| Investors should make corporate governance check on public companies before investing |
Issue: 07 / 2005 |
| Robert Johnson argues that investors must examine public companies’ corporate governance policies before investing or they risk putting their money into the next Enron. |
| |
| Logue on State Street’s plans for Ireland |
Issue: 07 / 2005 |
| |
| |
| New firm launches its first E50m fund |
Issue: 07 / 2005 |
| Atlantic Bridge Ventures, a new technology venture capital firm based in Dublin and London, has launched its first technology fund, ABVEN I, and raised €50 million (US $65 million) at first closing. Dermot Desmond’s International Investment and Underwriting (IIU) is one of the investors in the fund. Fundraising for a second closing is expected later in the year. By achieving a first close, Atlantic Bridge is one of the few successful European venture capital teams to launch a new fund since 2000. |
| |
| New head for Ulster Bank’s corporate division |
Issue: 07 / 2005 |
| Robert Gallagher, general manager of AIB Corporate Banking International, has been appointed chief executive, Ulster Bank Corporate & Financial Markets (CBFM) with responsibility for Northern Ireland and Republic of Ireland. Gallagher has been with AIB Capital Markets since 1990, and was a driving force behind the development of AIB’s acquisition finance division, and its Collateralised Debt Obligation (CDO) programme. |
| |
| Reputation management venture opens |
Issue: 07 / 2005 |
| John Keilthy, former chief operating officer of stockbroking firm NCB, has joined forces with ReputationInc, the UK reputation management consultancy, for his new reputation management venture. |
| |
| Salaries are higher for accountants in financial services than in industry |
Issue: 07 / 2005 |
| Chartered accountants working in the financial services sector tend to be better paid than their counterparts in industry and commerce, according to the 2005 annual survey of the Leinster Society of Chartered Accountants/The Accountants Panel. And chartered accountants employed by practices earn less than those employed by financial service and commercial companies. |
| |
| Second ACS for Bank of Ireland |
Issue: 07 / 2005 |
| Bank of Ireland has successfully launched its second E2 billion Irish covered bond, while Depfa Bank received a warm welcome with its $1.25 billion dollar issue in the USA. |
| |
| The EU dilemma: competitiveness versus over-regulation |
Issue: 07 / 2005 |
| |
| |
| The month in review |
Issue: 07 / 2005 |
| |
| |
| The risks from investing in convertible bond arbitrage |
Issue: 07 / 2005 |
| Convertible arbitrage strategy is pursued mainly by hedge funds and proprietary trading desks at investment banks, and is used to exploit inefficiencies in the pricing of convertible bonds by purchasing the undervalued security and hedging market risk using the underlying share. Although such strategies can lead to excellent returns, and in general market conditions there will be the benefit of added diversification, recent research has revealed that when equity markets become negative this benefit diminishes (perhaps when it is needed most), and in extremely positive equity markets returns may be poor due to the effect of falling implied volatility, say Mark Hutchinson and Liam Gallagher. |
| |
| The Sharpe ratio - part two |
Issue: 07 / 2005 |
| In the second of a two part series, Bernard Murphy outlines the impact of the Sharpe Ratio, which can be a useful analytic tool for evaluating the impact of asset allocation decisions across different investment classes, on risk diversification. |
| |
| Who’s who in Finance: David Higgins, Director of Finance, Dublin Docklands Development Authority Finance, IT, Facilities |
Issue: 07 / 2005 |
| |
| |
| ‘Published accounts will always be like bikinis’ |
Issue: 05 / 2005 |
| ‘Published accounts will always be like bikinis - much more interesting for what they conceal than for what they reveal -regardless of more exacting accounting standards,' one of the unique expressions used by Charlie McCreevy In the six months since he assumed the role of Internal Markets Commissioner. Here we reprint some more of his words of wisdom. |
| |
| Arbitrage opportunities come and go - hedge funds will live to fight another day |
Issue: 05 / 2005 |
| New reports are emerging in the financial media every day about the poor performance of hedge funds, and the impact this will have on the long-term potential of the sector. Fiona Reddan reports from the annual Dublin Funds Industry Association (DFIA) conference, where speakers attempted to put the recent losses in perspective, and were bullish about the prospects of this sector, which is now valued at over $1 trillion. |
| |
