“Trend following is dead,” said FX Concepts, expecting another year of dismal returns. "Trend following is dead because trends never really get going," John Taylor, chairman of FX Concepts, grumbled.
Investors
Wisconsin bill supports business financing and job creation
Wisconsin bill that supported business financing and job creation was signed by Gov. Scott Walker. Gov. Scott Walker signed a bill Thursday that supported business financing as well as the creation of jobs in Wisconsin.
Disney and Hasbro signs new strategic marketing contract
Hasbro and Disney announced that they have formed a better strategic merchandising affiliation for the Disney/Marvel properties.
Disney's Marvel-based film "Guardians of the Galaxy" shown at Comic Con
A sneak peak of the "Guardians of the Galaxy" film made by Disney and Marvel was shown to fans at this year's Comic Con.
Summer takes its toll on Hong Kong's stock market
Hong Kong's stock market was adversely affected by the summer lull. The summer vacation seemed to have penetrated the stock market in Hong Kong. The summer lull sent trading volumes to its lowest point Monday since September 4, 2012.
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PNoy's SONA gave a boost to the Philippine stock market. The fourth State-of-the-Nation Address (SONA) was recently given by Philippine President Benigno Aquino III.
CVC Capital Partners raised Eur 10.5 billion for it most recent buyout fund,, which will be utilized for investments in North America and Europe.
With the Beijing Restaurant accepting a lease buy out, building of CVS Pharmacy in Duluth site has been moved next year.
Coub announced that it had received support from local venture capitalists, raising US$1 million. Coub has raised a capital of US$1 million from local venture capitalists Phenomen Ventures and Brothers Ventures.
Cerberus Capital Management revealed that it had acquired two portfolios of German real estate properties with a combined total land area of more than 350,000 square meters.
Mark Creasy sold a portion of his early-stage mining assets to Windward. Mark Creasy, an Anglo-Australian millionaire worth US$764 million, was selling to Windward Resources his early-stage mining assets.
Tatton Capital revealed that it has bought out Prism Capital Management, enhancing its adviser presence in the UK.
Controlling shareholders of Tiga Pilar Sejahtera Food signed an agreement that allows KKR to acquire 9.5% stake in the company.
It may seem that Microsoft has lost its “touch” as its Surface RT brought the company woes. Microsoft was in a dire straits recently. The company had a pretty rough week.
