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 Saturday 16 August 2014 11:54 am|Updated:Friday 07 June 2019 2:37 amSc stanley uk ottish independence: Investment remains strong despite looming referendum, says reportBy: Sarah SpickernellShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailAdd as a preferredsource on GoogleDespite concerns that the looming independence referendum has raised about Scotland s future, investment in the country remains strong.A report released by global property advisers Colliers International indicates that Scotland is actually receiving an increasing proportion of the UK s total investment.Called Scottish Referendum: A property investor perspective, It claims that rather than having stopped the market, the uncertainty caused by the referendum has merely slowed down what has the potential to turn out to be a very strong year.Tom Johnston, joint head of Colliers International, said, As the referendum draws near some investors ha polene borsa ve taken the view that it wonrsquo;t hurt to waithellip; I suspect that when the dust settles on September 19, the market will accelerate.Scotland s share of UK transactions in the third quarter look polene store s set to reach 4.5 per cent, which the report attributes largely to Aberdeen s strong energy economy; in the last three months, Aberdeen has accounted for approximately one in three Scottish transactions.Scottish citizens will vote on whether they want Scotland to remain part of the UK on 18 Sept Hwls Asian markets drop on weak Singapore growth data and lower oil prices
 Tuesday 16 February 2010 10:04 pmRenaissance fund hit by a loss in 2009By: KCS-contentShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailAdd as a preferredsource on GoogleRENAISSANCE Institutional Equities Fund  Rief  has recorded a six per cent full year loss in 2009 following a difficult year for quantitative hedge funds.It has owala ca  lost 4.42 per cent since its inception in 2005 and the fundrsquo  assets have plunged to $6bn from $26bn in 2007.Launched by Renaissance Technologies, Riefrsquo  plans had been grand from the start and its goal of growing up to $100bn in assets was always an ambitious target.But despite beating the SP 500 benchmark it set itself, investors have continued to be surprised at the funds low returns. Last July it told investors it had been, caught in what appears to be a large wave of de-leveraging on the part of quantitative long-short hedge funds.  Rief is part of the same group as the h stanley polska ugely successful Medallion, also founded by mathematician James Simons. Medallion, has made Simons among the highest paid managers in the $1.7 trillion industry, taking polene ca  home an estimated $1.7bn in 2006. Other major quantitative funds, AQR Capital Management, D.E. Shaw, Goldman Sachs Global Alpha, and Tykhe Capital have also suffered in the recent market downturn, prompted by a widening crisis in the subprime-mortgage lending market.All the quant managers are having trouble now,