RAB Capital has been emblematic of the many trials of hedge funds during the financial crisis.
I am not sure what I expected the hedge fund investor would say to my question: "What is the most unusual thing in your industry?"
‘Idiotic' and ‘gratifying', are not adjectives commonly applied to financial markets, but they have been used recently to describe the state of FX rates.
If you ask investors for their least favourite abbreviations from the crunch, CDO, CLO, RMBS and CMBS may spring up.
If you have already invested for clients in an emerging markets fund, but now think a few bob in a US equities portfolio will do better this year, then stop.
When detectives single out your industry as needing anonymous phone lines to uncover insider traders, you know its reputation has room for improvement.
The European Commission may be about to kill two very big birds with one stone. The ‘stone' it is casting from Brussels is the snappily named Regulation on Short Selling and Certain Aspects of Credit Default Swaps.
Headlines claiming ‘Billions of dollars at risk' these days barely raises eyebrows after the crisis, share price plunges, and Bernard Madoff.
Outsize TV screens were showing graphic live footage of the clashes in Cairo's Tahrir Square, but watching the soaring musical fountains at the foot of Dubai's Burj Khalifa, the tallest building in the world, one banker confidently dismissed doom and...