Section 2 - FTSE

More documents

Recommendations

Info

The 9th Institutional Equity Trading & Technology Summit 2009 21st – 24th April 2009 The CNIT Centre, Paris www.tradetechequity.eu -48.00 +77.00 -22.00 +212.00 E 98885.00 S 2565 - 4500 +87.61 - 23.69 E 2356 S 67889 _44.00 + 55.00 -48.00 +77.00 -22.00 +212.00 E 98885.00 S 2565 - 4500 +87.61 - 23.69 E 2356 S 67889 _44.00 98885.00 S 2565 - 4500 +87.61 -48.00 +77.00 -22.00 +212.00 E 98885.00 S 2565 - 4500 +87.61 - 23.69 E 2356 S 67889 _44.00 + 55.00 22.00 +212.00 E 9 8 -48.00 +77.00 -22.00 +212.00 E 98885.00 S 2565 - 4500 +87.61 - 23.69 E 2356 S 67889 _44.00 + 55.00 98885.00 S 2565 - 450 -48.00 +77.00 -22.00 +212. 0 E 9 85.00 S 2565 - 4500 +87.61 - 23.69 E 2356 More Opportunity For Interactivity & Debate And Fresh New Format Interactive Voting you can participate in at the Focus Day and at the Main Conference, Industry Debates, Break Out Sessions, Roundtables, and the WBR Blackberry facility so you can anonymously pose questions Leading Speakers From Across The Value Chain Delivering New Perspectives Nowhere else can you learn from so many experts and thought leaders from the buy side, sell side, execution venue, vendor and academic communities, with many new speakers, in a fresh new format Conference Streams Specifically Designed For You With streams for Heads of Trading, CTOs, Heads of Front Offi ce Operations, and Hedge Fund or Alternative Investment Divisions, you and your team can make the best use of your time attending the sessions most relevant to your role A Blockbuster Line-Up Of Over 100 Speakers, Including: Jean Baptiste de Franssu, CEO, Invesco Jean-Pierre Aguilar, CEO, Capital Fund Management Francois Bonnin, CEO, John Locke Investments Martin Wolf, Chief Economics Commentator, Financial Times, Author, Fixing Global Finance Rodney Brooks, Chairman and CTO, Heartland Robotics Stephen Grady, Head of Global Dealing, Barclays Wealth Christoph B. Mast, Managing Director, Global Head of Trading, RCM/Allianz Global Investors Robin Griffi ths, Technical Strategist, Cazenove Capital Management Dave Cliff, Professor of Computer Science, University of Bristol Matt Andresen, President, Citadel Execution Services Over 350 Buy Side Attendees Already Confirmed! “TradeTech is the perfect opportunity to meet key people in the equity trading industry and share views and opinions about the future of the industry.” Johan Erikson, Head of Global Trading, DnB Nor Asset Management “The event was a great success and well-executed -- thought-provoking enough so I always take something new away.” Kent Rossiter, Head of Asia Pacific Trading, RCM Lead Sponsor Principal Sponsors Organised by: Call +44 (0)20 7368 9465 Email tradetech@wbr.co.uk Visit www.tradetechequity.eu
REAL ESTATE REPORT: THE IMPACT ON LONDON 84 Arabian Knights to the rescue? The City of London’s real estate market has been hit hard twice. Along with the rest of the UK real estate market it has suffered from the fundamental triggers of this recession: the imbalances that have built up during the past decade, the hyper-inflated values of housing and commercial property and the overavailability of credit. It is starting to look eerily similar to the market depression of the early 1990s. The difference this time round is that the City is wooing money from all around the world and one of its biggest investment targets is the cash-rich Middle East. Mark Faithfull reports. THE CITY OF London and its neighbouring areas were always at risk from a sharp real estate downturn. The type of building required by occupiers is typically on such a scale that to acquire a site, secure planning, demolish existing buildings and then construct is by its nature a drawn-out process. Consequently, the decision to develop is often taken in a very different market from the one in which the project is delivered. Photograph © Jon Le-bon/Dreamstime.com, supplied December 2008. Although the development pipeline is not as super-heated as it was in the last recession, the figures do not make for comfortable reading. Agent Jones Lang LaSalle (JLL) warns that 3.7m ft² of speculative office space is due for delivery in the next 18 months. Some 5.7m ft² of office space is already sitting empty, up 12% in the third quarter of 2008. This puts the vacancy rate in the City at 5.5% and JLL predicts this will more than double by 2010, with rents falling from a peak of more than £65 a ft² last year to about £47.50. CB Richard Ellis (CBRE) has an even gloomier prognosis, predicting a total of 6.5m ft² of new development, which will send the availability rate rise to 13% in the City. It forecasts prime office rents will decline for the next two years, falling by 22% to the end of 2010 and then recovering to regain their end-2007 level by 2013, although it warns there are“substantial downside risks to this scenario”. Cushman & Wakefield reports that a total of 16 deals were completed totalling around £550m during the third quarter of 2008 in the City, down 50% from the second quarter and just 10% of 2007’s third quarter turnover. Moreover, the City of London could lose 62,000 jobs by the end of 2009, wiping out all the growth of the last 10 years, the Centre for Economics and Business Research warns. J A N U A R Y / F E B R U A R Y 2 0 0 9 • F T S E G L O B A L M A R K E T S
Page 1 and 2: FUND ADMINISTRATION: GOING WITH THE
Page 3 and 4: FUND ADMINISTRATION: GOING WITH THE
Page 5 and 6: ASIAN INVESTOR SERVICES: CUSTODY SO
Page 7 and 8: ASIAN INVESTOR SERVICES: CUSTODY SO
Page 9 and 10: CORPORATE PROFILE: MANPOWER BUILDS
Page 11 and 12: CORPORATE PROFILE: MANPOWER BUILDS
Page 13 and 14: Jim wondered if there was an easier
Page 15 and 16: CORPORATE PROFILE: AIG 66 a handsom
Page 17 and 18: GOLD: SET FOR A REBOUND? 68 GOLD GE
Page 19 and 20: GOLD: SET FOR A REBOUND? 70 One pos
Page 21 and 22: COVERED BONDS: THE US OUTLOOK 72 Be
Page 23 and 24: 74 Talking Point THE OUTLOOK FOR EU
Page 25 and 26: COVERED BONDS - VIRTUAL ROUNDTABLE
Page 27 and 28: COVERED BONDS - VIRTUAL ROUNDTABLE
Page 29 and 30: THE EXPANDING WORLD OF ETFS 80 The
Page 31: ETCs GAIN AS COMMODITIES REMAIN POP
Page 35 and 36: EUROPEAN TRADING STATISTICS 86 THE
Page 37 and 38: EXCHANGE TRADED FUNDS: LISTING & DI
Page 39 and 40: EXCHANGE TRADED FUNDS: LISTING & DI
Page 41 and 42: MARKET DATA BY FTSE RESEARCH 92 Glo
Page 43 and 44: MARKET DATA BY FTSE RESEARCH 94 Eur
Page 45 and 46: CALENDAR 96 Index Reviews Jan - Apr
Page 47: MAYBE I SHOULD TALK TO THE LEADER I

Section 2 - FTSE

You also want an ePaper? Increase the reach of your titles

Delete template?

Save as template?