How much did LA Galaxy pay for David Beckham? 250M? - I think JPM got BSC for cheaper! RBS must feel like that 70 odd billion euro spent on ABN might be a touch overdone!

<t>I run a small EM portfolio - liquidity tends to run in the names included in the local indexes and in the MSCI/FTSE country benchmarksBiggest EM countries are Taiwan, South Korea, China, Russia, South Africa, Brazil - these markets form over 50% of MSCI EM.All these markets are liquid (depending ...

<t>Markets are complete if all possible future state situations/assets - including shorting assets and creating derivatives on the risky assets - can be constructed using the existing assets. It is best considered a theortical construct against which to measure a real market.Moreover, completeness i...

<t>Many thanks for the linksI agree with the sentiment that poor code can be written in any language .. I gave up trying to decipher my predecessor's Perl code (mostly because there was no commentary and if you think APL is difficult to decipher, Perl isn't much better) to do some data transformatio...

<t>DCFC - did you know that the original Battlestar Galactica was an allegory for the Mormon story of their travels from Illinois to end up in Salt Lake CityNot that I'm a mormon (although almost ended up marrying one) .. I found this fact in a beaut book some years back in the university library wh...

<t>I fondly recall using APL many years ago and had seen some very elegant solutions to complex problems coded in this language(The team I worked with coded a workers comp claims runoff valuation process in not too many lines of code)I was wistfully thinking about this recently and wondered whether ...

As a general rule for reporting performance on our funds< 1 year - holding period return> 1 year - annualised value of holding period return

<t>These are great examples .. we've been using the asynchronous event handlers through VBA to double check fills from brokers, but this implementation is so much cleaner. Two things I'd like to ask:1. After calling the Flush event is it possible to capture the output (eg your second example using G...

<t>Does it matter whether or not it is correct from the point of view of active vs passive investment management strategies?Inefficient markets are a necessary, but not sufficient, precondition for active management - you still need to find managers who have skill and can add risk-adjusted value (no...

whoops .. busted link .. hopefully this worksThe Australian

<r>Any thought on this (I believe) alarmist view on Iran's nuclear ambitions? MAD would still be as consistent in this circumstance as during the cold war - or are the Iranians real nutters who would jump at the chance of knocking off Isreal even if it brings about their own demise?<URL url="http://...

<t>In short .. an awful lot of hullabaloo for not much real change .. ancedotal evidence provided in the media suggests that people either don't know or don't care or are (most likely) happy with the status quoThe Industry funds tried to position themselves as low cost providers, but got slapped by ...

Could try Barra's website; - Barra - pm me for a loginAlso worth a look is Northfield who are vendors of an excellent multi-factor risk model and optimisation software; NorthfieldAnything specific you are looking to find?

Clopinette's thoughts exactly and precisely describe what is meant by excessive in this situation.Going back to the original question, the police have a lot of explaining to do and Sir Ian should resign.

<t>Backed up for a second go at Level II todayIt was hard to tell whether it will be any better to pass this time around .. doing both sessions as MC seemed to help manage the time better, but there wee only a couple of questions which necessitated an outright guess .. you'd be impressed that CFAI a...