TR EMERITUS

A monkey throwing darts at the share pages of the Financial Times could have made bucket loads of cash over the last year. But Singapore's super-smart sovereign wealth funds, which lost billions of dollars by investing in Western banks at the height of the bubble, seem to be having renewed difficulties even while every other... 

Singapore's biggest sovereign wealth fund, GIC, said it converted its UBS (UBSN.VX) notes into ordinary shares, suffering a paper loss of about $5 billion. The Government of Singapore Investment Corp [GIC.UL] had invested 11 billion Swiss francs ($10.22 billion) in mandatory convertible notes in UBS to support the Swiss bank... 

The Greek Debt Crisis Explained Damon Yeo It is perhaps somewhat ironic to note now that the word “tragedy” comes from Classical Greek. The economic crisis which the Modern Greek nation now faces is nothing less than a tragedy. Since 2007, we have witnessed spectacular collapses of equity markets, bond markets and major...