Monday, April 16, 2012

MoneyScience News

MoneyScience News


Blog Post: FINalternatives: RBC Hedge 250 Index Adds 0.36% In March

Posted: 16 Apr 2012 05:06 AM PDT

RBC Capital Markets says its hedge fund indexâ€"the RBC Hedge 250 Indexâ€"had an estimated net return of 0.36% in March, bringing its year-to-date return to 3.35%.read more...

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Blog Post: TheReformedBroker: Generic Paragraph You Will See Every Morning this Spring

Posted: 16 Apr 2012 04:00 AM PDT

What's happening with the market?  The same thing every day to varying degrees - a three-way tug o' war between the triumvirate of pressing issues [...]

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Blog Post: mathfinance: Free Historical Intra-Daily Data

Posted: 16 Apr 2012 03:33 AM PDT

The last decade we have seen a significant increase in the demand for high frequency data. This is explained for a large part by an increased attention of the academic world in algoritmic trading. Moreover, as lot of papers suggest, the profitability has been shifted to an intra-daily format. In this segment, speed is what counts. For instance, Scholtus and Van Dijk (2012) state that strategies...

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Blog Post: TalesfromaTradingDesk: Software AG Acquires my-Channels for Universal Messaging Technology

Posted: 16 Apr 2012 03:28 AM PDT

Read all about it here.read more...

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Blog Post: HighFrequencyTradingReview: CA Cheuvreux launches equities platform [Financial Times]

Posted: 16 Apr 2012 03:04 AM PDT

By Philip Staffordread more...

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RT @MadameButcher: On eFinancialCareers: Insights into what it's like to work in equity research at Goldman Sachs http://t.co/bGCLZqh8

Posted: 16 Apr 2012 02:22 AM PDT

moneyscience: RT @MadameButcher: On eFinancialCareers: Insights into what it’s like to work in equity research at Goldman Sachs http://t.co/bGCLZqh8

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RT @_FinancialWorld: How we will stop derivatives magnifying future crises - http://t.co/UnciQdCL - Opinion http://t.co/YJjzmusd

Posted: 16 Apr 2012 02:22 AM PDT

moneyscience: RT @_FinancialWorld: How we will stop derivatives magnifying future crises - http://t.co/UnciQdCL - Opinion http://t.co/YJjzmusd

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Blog Post: TheFinancialServicesClub: Barclays Bank: innovators do win more business

Posted: 16 Apr 2012 02:03 AM PDT

We seemingly spend all of our time bashing banks these days, me included. read more...

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Blog Post: WealthandCapitalMarketsBlog: A politically correct new Equity MTF

Posted: 16 Apr 2012 01:27 AM PDT

CA Cheuvreux, the agency broker owned by Crédit Agricole, will this week relaunch Blink, its broker-crossing network, as a multilateral trading facility (MTF) aimed at institutional investors and retail. The Blink-MTF will trade 1,700 stocks across 14 European markets, after receiving approval from UK authorities.read more...

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Blog Post: RobertPestonBlog: More than 70% of high earners paid 50% tax rate

Posted: 16 Apr 2012 01:26 AM PDT

When Labour was in power, it was a nightmare trying to obtain reliable data on the real tax burden for those on very high incomes (there's a big chunk of the last book wot I wrote about whether the super-rich pay their fair share: the word "blood" and "stone" come to mind).read more...

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Published / Preprint: 16Apr/New standards for financial market infrastructures issued by CPSS-IOSCO

Posted: 16 Apr 2012 01:06 AM PDT

Press release about CPSS and IOSCO publishing new standards for financial market infrastructures (BIS Press Release 16 April 2012)

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Blog Post: TheMonetaryFuture: Virtual Currency Exchange First Meta Closes $466,000 Funding Round

Posted: 16 Apr 2012 12:45 AM PDT

By Jon Matonis Forbes Tuesday, April 10, 2012 http://www.forbes.com/sites/jonmatonis/2012/04/10/virtual-currency-exchange-first-meta-closes-466000-funding-round/ In a little-discussed announcement, First Meta took in nearly half-a-million dollars for the expansion of its multi-world virtual currency exchange. Singapore-based First Meta is unique in that they have consistently provided a...

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The Financial Education Daily is out! http://t.co/TYlzia3F

Posted: 16 Apr 2012 12:25 AM PDT

BusinessSchools: The Financial Education Daily is out! http://t.co/TYlzia3F

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Blog Post: ThreeToedSloth: Graphical Causal Models (Advanced Data Analysis from an Elementary Point of View)

Posted: 15 Apr 2012 05:46 PM PDT

Probabilistic prediction is about passively selecting a sub-ensemble, leaving all the mechanisms in place, and seeing what turns up after applying that filter. Causal prediction is about actively producing a new ensemble, and seeing what would happen if something were to change ("counterfactuals"). Graphical causal models are a way of reasoning about causal prediction; their algebraic...

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Blog Post: AllAboutAlpha: EDHEC: SWFs and Their Implicit Liabilities

Posted: 15 Apr 2012 05:17 PM PDT

SWFs are distinct from pension funds at least in this sense, there are broadly speaking no explicit liabilities. There is no ongoing schedule of payments an SWF is responsible for making, for example. Nonetheless, there are clearly implicit liabilities. On this the point nearly all (92 percent) of survey respondents concurred, saying that implicit liabilities, arising from the objectives of the...

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Blog Post: Falkenblog: Is Intelligence Good?

Posted: 15 Apr 2012 01:43 PM PDT

Intelligence, as measured by IQ tests, is at least 50% heritable and positively correlated with better socioeconomic outcomes in education, income, health, and crime. It may seem obvious that you want your kids to be smarter. Satoshi Kanazawa makes an intriguing point in his book The Intelligence Paradox that it is not so simple:Yes, intelligent people make better physicians, astronauts, better...

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Blog Post: EconometricsBeat: The Popularity of Statistical Packages

Posted: 15 Apr 2012 12:49 PM PDT

No matter what your favourite statistical package is, you'll find this post by Robert Muenchen highly informative. Robert concludes that: "By most of the measures discussed here, R is competing well with the commercial software vendors. However, I advise not over generalizing from this data. SAS and SPSS continue to dominate the corporate world and Stata is doing quite well in the scholarly...

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No surprises here: Meme proliferation on #Twitter is arbitrary http://t.co/ZNTVyTHT #tcm

Posted: 15 Apr 2012 09:49 AM PDT

moneyscience: No surprises here: Meme proliferation on #Twitter is arbitrary http://t.co/ZNTVyTHT #tcm

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RT @chaosnet3: Singularly Complex. The Catch with Hybrid Finance http://t.co/UwxIMPu7 via @bigthink

Posted: 15 Apr 2012 09:49 AM PDT

moneyscience: RT @chaosnet3: Singularly Complex. The Catch with Hybrid Finance http://t.co/UwxIMPu7 via @bigthink

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RT @ProfSteveKeen: My talk at #inetberlin: Minskian perspective on financial market instability http://t.co/0F7BVFPg

Posted: 15 Apr 2012 09:49 AM PDT

moneyscience: RT @ProfSteveKeen: My talk at #inetberlin: Minskian perspective on financial market instability http://t.co/0F7BVFPg

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Blog Post: Debtwatch: INET Presentation: Minskian Perspective on Instability in Financial Markets

Posted: 15 Apr 2012 09:35 AM PDT

Below is the video of my talk at INET’s Berlin 2012 conference. The other videos for the conference are available from INET’s website: Day 1; Day 2; Day 3. Bearing in mind that I didn’t see all presentations,  my favourite talks (in delivery order) were those by: George Soros; Gerd Gigerenzer; Axel Leijonhufvud; Michael Hudson; Yanis Varoufakis; Dirk Bezemer; and […]...

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Blog Post: ThePracticalQuant: Private Equity 30-year performance: Buyout and Venture Capital

Posted: 15 Apr 2012 09:34 AM PDT

A recent paper inspired me to put together a series of charts that detail the market-adjusted and absolute performance of private equity (both buyout and venture capital). I have to say the performance numbers for Venture Capital were unimpressive: most of the gains over the last three decades were from late 1990's vintage funds. The average VC underperformed the S&P 500 in 16 of 29 years covered...

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Blog Post: QuantPythonista: The need for an embedded array expression compiler for NumPy

Posted: 15 Apr 2012 08:52 AM PDT

Yesterday I found myself adding some additional Cython methods for doing fast grouped aggregations in pandas. To my disappointment, I found myself duplicating a lot of code and not having much alternative beyond cooking up some kind of ad hoc …Read more »

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Not a great article: "Public No More: Why the B-School Model Works" http://t.co/QZ8XiVk8

Posted: 15 Apr 2012 06:46 AM PDT

BusinessSchools: Not a great article: "Public No More: Why the B-School Model Works" http://t.co/QZ8XiVk8

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Harvard #MBA startup to sell classmates' admissions essays http://t.co/9oyu2qI2

Posted: 15 Apr 2012 06:46 AM PDT

BusinessSchools: Harvard #MBA startup to sell classmates' admissions essays http://t.co/9oyu2qI2

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Business Skills and Buddhist Mindfulness: Some Exec-Education Profs teach Students to calm minds, increase focus http://t.co/SV9cJZEZ

Posted: 15 Apr 2012 06:46 AM PDT

BusinessSchools: Business Skills and Buddhist Mindfulness: Some Exec-Education Profs teach Students to calm minds, increase focus http://t.co/SV9cJZEZ

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A new dean named to oversee Penn State's Smeal College of Business http://t.co/TU19EXWh

Posted: 15 Apr 2012 06:46 AM PDT

BusinessSchools: A new dean named to oversee Penn State's Smeal College of Business http://t.co/TU19EXWh

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Business School Architecture and Design: Design principles directed towards a tangible value proposition http://t.co/JsWqu8Ky

Posted: 15 Apr 2012 06:46 AM PDT

BusinessSchools: Business School Architecture and Design: Design principles directed towards a tangible value proposition http://t.co/JsWqu8Ky

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An #MBA will take a lot out of you - and not just financially. So before you apply, make sure itâs what you really want http://t.co/qmYRzTLW

Posted: 15 Apr 2012 06:46 AM PDT

BusinessSchools: An #MBA will take a lot out of you - and not just financially. So before you apply, make sure it’s what you really want http://t.co/qmYRzTLW

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Business schools are encouraging students to start early and be active on Linkedin - http://t.co/MSRzV13U

Posted: 15 Apr 2012 06:46 AM PDT

BusinessSchools: Business schools are encouraging students to start early and be active on Linkedin - http://t.co/MSRzV13U

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The way B-schools are teaching has changed, hence the need for changing the GMAT format - http://t.co/FLVdRqCA

Posted: 15 Apr 2012 06:46 AM PDT

BusinessSchools: The way B-schools are teaching has changed, hence the need for changing the GMAT format - http://t.co/FLVdRqCA

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More than 20% of U.S. undergraduates are business majors - http://t.co/a5YFF3Ig

Posted: 15 Apr 2012 06:46 AM PDT

BusinessSchools: More than 20% of U.S. undergraduates are business majors - http://t.co/a5YFF3Ig

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Pundits and young professionals alike are wondering if grad school is still worth the hefty investment - http://t.co/pQWx9rmC

Posted: 15 Apr 2012 06:46 AM PDT

BusinessSchools: Pundits and young professionals alike are wondering if grad school is still worth the hefty investment - http://t.co/pQWx9rmC

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A New Twist in B-School Recruiting - http://t.co/rZLikYHM

Posted: 15 Apr 2012 06:00 AM PDT

BusinessSchools: A New Twist in B-School Recruiting - http://t.co/rZLikYHM

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Bloomberg - Businessweek plans new series of #MBA Journals. Further Info: http://t.co/bhJFYl7b

Posted: 15 Apr 2012 06:00 AM PDT

BusinessSchools: Bloomberg - Businessweek plans new series of #MBA Journals. Further Info: http://t.co/bhJFYl7b

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Financial Technology News Report is out! http://t.co/Jdseecpa : Top stories today via @claradan @nanexllc @louislovas

Posted: 15 Apr 2012 05:55 AM PDT

fin_tech: Financial Technology News Report is out! http://t.co/Jdseecpa â–¸ Top stories today via @claradan @nanexllc @louislovas

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Event: Structured Financial Data in the Age of Complexity: Exploring XBRL use and application Today and into the Future

Posted: 29 Mar 2012 11:01 PM PDT

Location: Boston, MA, USA; Date: April 30th, 2012; Suffolk University, Sargent Hall, 120 Tremont Street, Bostonread more...

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Event: Capital Allocation

Posted: 29 Mar 2012 09:29 AM PDT

Location: New York, NY; Date: April 18th, 2012; 6:00 pm - 9:00 pmread more...

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