Among the gargantuan hedge funds that make up a majority of the industry’s assets under management, dispersion of returns shot up to notable levels. And for every big winner, like William Ackman’s Pershing Square, there was a big loser to counterbalance it, like John Paulson’s Advantage Fund. Investors choose hedge funds for their “non-correlated returns,” meaning a tendency to move opposite from the general market’s direction. They certainly got such returns this year, unfortunately.
China does not want to resort to yuan depreciation to boost exports as that would dampen the restructuring and upgrading of the corporate sector.
Adriana Lima sizzled in red, while Alessandra Ambrosio looked amazing just months after giving birth.
The relatively stable global outlook must continue if 2014 is to be the kind of economic year Americans have been hoping for throughout the recovery.
However, we are sceptical that the strength of imports can be sustained given that the delayed impact of policy tightening and a cooling property market are set to weigh on Chinese demand for commodities in coming quarters.
Based on the children's books that goes by the same name, this movie follows the adventures of Mowgli through the Jungle as he tries to discover himself. He comes across several creatures in the Jungle, played by various actors, who make his journey difficult.
Addressing the environment is Diana Ürge-Vorsatz, CEU Professor and Director of the Center for Climate Change and Sustainable Energy Policy, along with Luis Gómez-Echeverri, Senior Research Scholar at IIASA. Taking on the economic angle is CEU Visiting Professor Dora Piroska and Matthias Thiemann from Sciences Po.
This discussion will be moderated by Andrew Solomon, former head of natural history and history at ORF, and editor of UNIVERSUM.
Since February 2019, CEU’s Borderless Knowledge series features CEU professors, leading Hungarian experts and well-known public figures discussing recent scientific findings and their direct impact on contemporary life. Previous talks from the series have covered topics of the pandemic’s preventability, imminent financial crisis, archeological mysteries, global warming, networks and research on childhood cognitive development.