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Connecticut
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Latest Headlines
Firm shops ETF analysis concept
Exchange traded funds, whether you love them or hate them, are here to stay. And they will increasingly serve as important benchmarks for individual issues. Single stocks really only make sense in relation to a broader basket of issuers.
So it's not surprising that we should see more analytica
Hedge funds feel left out in Connecticut
Connecticut is home to many top-tier hedge funds, the likes of SAC Capital, Tudor Investment, Bridgewater Associates, Paloma Partners and AQR Capital Management. But while the industry has returned to the good times in many ways, the story is different when it comes to state economy.
IHS Globa
Banks grapple with strategic defaults on second homes
It would truly be a sad day for the banking industry when strategic defaults start to be seen a legitimate financial strategy. Such action is not generally against the law, but it has never been anything to brag about, as the idea of walking away from your debts is frowned upon ethically. But is t
Big hedge funds love NYC
Not too long ago, London was quite sure it had muscled out New York City ( New York City news) for the title of the world's financial capital. The city had reason to crow, IPOs ( IPO news) seemed to be shifting there, European investment banking was hot, and banks were streaming in to boost
Pensions still drawn to hedge funds?
The news in the hedge fund industry has been uniformly bad this year, especially in the second half of the year. But while there will be some upheaval and contraction, hedge funds are holding up much better than mutual funds and they remain an integral part of most institutions' strategies. Three
Crisis taking toll on states and cities
We haven't spent a lot of time discussing states and municipalities as the credit crunch continues to unfold. But it's clear that they are suffering. Lot of states--Connecticut, Florida, and Massachusetts, for example--have delayed new financing. The city of Vallejo, CA, recently defaulted on over
