November, 2010 Archive

The Real Story Behind the Irish Bailout

Best of the Web //

You’ve heard about  the pending European bailout of Ireland – but why is happening now? CNBC’s John Carney asks “why would the Eurocrats demand a bailout of Ireland when Ireland insisted it didn’t need one?” It has more to do with their immediate needs than

Who Needs Wall Street?

Best of the Web //

Find the time for John Cassiday’s lengthy New Yorker feature that asks if Wall Street adds any real benefit to society, given that “[f]or years, the most profitable industry in America has been one that doesn’t design, build, or sell a single tangible thing.” Cassiday quotes anonymous

New Positions on Covestor (AXP, AGO, TRW)

Positions //

In the Systematic Long-Only model managed by Ascendere Associates, the goal is to find stocks and ADRs with the potential for growth at reasonable prices and a market cap greater than $2.5 billion. Let’s take a look at three different positions recently added to the

Covestor Model Manager Compliance Webinar

Covestor News //

On November 10, 2010, Covestor hosted the first model manager Compliance Webinar featuring Chief Compliance Officer, Anne Dewey and Director of Manager Relations, Eric Esterkin. The Webinar covered the dynamics of our relationship with model managers, our compliance requirements and specific examples addressing the most common misconceptions. If

New Positions on Covestor (WXCO, MPAA, PSQ)

Positions //

Richard Moore manages the Covestor model Market Comparables by using financial models that have been long refined. He looks at the financial forecast of companies and assesses their potential for earnings growth. During the last few weeks, Moore has added many additional positions to the

New Positions on Covestor (AAPL, UYM, UWM)

Positions //

The Technical Swing model managed by Michael Arold uses technical indicators and movements in the market to determine which equities to add. As a short-term model, the goal is to take advantage of short-term price swings. On November 2nd, Arold added Apple Inc (NASDAQ: AAPL)

Clients demand more openness from wealth managers

Covestor News //

Private Banker International (PBI) * reports on a survey conducted by Scorpio Partnership on behalf of SEI that has highlighted that the disparity between the wealth management industry and their clients when it comes to the issue of transparency.  Clients are demanding openness.  While the