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Are Man Group shares a buy?

Are Man Group shares a buy?

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Some highlights from todays results  – Gains of 5% or more in the European long/short, North American Opportunities, Alpha Select, Global Opportunity, Global Convertibles, Market Neutral, European Distressed, Emerging Markets and Multi-Strategy alternative investment styles, with long only Japan Core Alpha up 21.4% and Global Equities up 13.9% Three quarters of performance fee eligible GLG…

Top 50 Lehman Brothers salaries in 2007

Top 50 Lehman Brothers salaries in 2007

2 mins. to read

A year before the investment bank, Lehman Brothers, collapsed into bankruptcy in September 2008 under the leadership of Dick Fuld aka “The Gorilla”, the salaries of the top 50 employees were as follows. The list is topped by Robert Millard in the Global Trading Strategies unit, who received $51 million in total including $25 million…

China issues April PMI data but number misses estimates

China issues April PMI data but number misses estimates

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Chinese manufacturing data improved further in April according to the PMI (Purchasing Managers Index) from the China Federation of Logistics & Purchasing.  The PMI increased to 53.3 in April, up from 53.1 in March, but slightly below expectations of 53.5. A figure above 50 indicates an improvement in economic activity whilst one below signals a…

Spanish market in bullish set up

Spanish market in bullish set up

1 mins. to read

Considering the downgrade by the debt rating agency S&P of Spanish debt, yesterdays price action in the equity market is particularly encouraging to the bulls. Nobody will argue that the Spanish economy currently finds itself in a tricky situation, what with ‘official’ unemployment running at around 25% and bond yields breaching the key 6% level…

Aussie billionaire Clive Palmer planning to “ressurrect” Titanic

Aussie billionaire Clive Palmer planning to “ressurrect” Titanic

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The life of the super rich seemingly knows no boundaries with reports that billionaire Australian businessman Clive Palmer (58) has entered into an agreement with Nanjing-based CSC Jinling Shipyard to build a replica of the ship as part of a planned fleet of luxury liners. The replica Titanic is reputed to have been priced at…

Research in Motion displays renewed early strength.

Research in Motion displays renewed early strength.

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For those of you not familiar with our Conviction Buy recommendation on RIMM – click here for the piece – http://issuu.com/spreadbetmagazine/docs/spreadbet-magazine-v4_generic Against a weak market it is interesting to see Rimm open again with early strength. This type of price actions is generally indicative of determined accumulation… The chart below shows the volume in the…

Heritage Oil news imminent? Potential chart breakout pattern

Heritage Oil news imminent? Potential chart breakout pattern

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Following our feature piece in this months issue of Spreadbet Magazine and the rare Conviction Buy recommendation we made, it is encouraging to see Hoil making progress relative to both the Oil E&P sector and also the FTSE – the first time this has happened in months. Looking at the chart above which indicates a…