Testing times in the search for alpha
FX moves to centre stage
Euromoney April 2008
Thailand’s People Power Party government bears a close resemblance to Thaksin Shinawatra’s overthrown administration, and Thaksin is widely seen as its eminence grise. The government has big plans for infrastructure development but it is highly exposed to a contraction of US export demand and the potential for inflation. Eric Ellis reports.
Euromoney February 2008
Kazakhstan’s president, Nursultan Nazarbayev, has decreed the creation of a state holding company, roughly on Singaporean/Malaysian lines, to oversee and rationalize the country’s lucrative but inchoate collection of state-owned companies and foster corporate governance. A British corporate warhorse, Sir Richard Evans, has been hired to pull the operation together. Eric Ellis reports on a confrontation of cultures.
Euromoney January 2008
Richard Evans says he took a lot of convincing before he became chairman of Samruk Holdings. It’s no wonder – among the challenges he faces are to make sense of a sprawling set of government-owned companies, and to deal with governance issues and allegations of corruption. But in an interview with Eric Ellis, Evans and Samruk’s deputy chief executive, Ulf Wokurka, say it’s well worth the challenge.
You can call these funds what you like, but they are not Shariah-compliant.
A hedge fund manager questions the legitimacy of hedge funds in Islamic finance. Still, he plans to launch – wait for it – a Shariah-compliant fund of hedge funds in the US