It’s going to be a busy year in the debt management industry if the statistics are anything to go by. According to creditaction.org.uk the average debt owed by every UK adult is £29,875 (including mortgages) and this figure is an average for EVERY adult, including those who have no debt or mortgage whatsoever! Credit Action … Read more
As the Treasury and the Department of Housing and Urban Development meet with loan servicers to discuss how to quicken the pace of loan relief in the form of loan modifications the reasons/excuses for their slow rollout are being presented by industry watchers and economists. Faced with increasing frustration on all fronts, the aim of … Read more
Stockholm, October 21st 2008 — Opalesque, the world’s largest subscription-based publisher covering the alternative investment industry, has just launched the ninth issue of its groundbreaking Roundtable Series, the Opalesque Nordic Roundtable (download here: http://www.opalesque.com/index.php?act=static&and=RoundtableNORDIC). Some of the Nordic hedge funds and CTAs have track records that go back to 1991. There are more than 200 … Read more
Peter Douglas, principal of GFIA, a Singapore-based consulting firm, said that the rebound of Asian hedge funds as seen by these startups, is similar to the developments post the last Asian crisis: “A lot of the great names of the Asian hedge fund industry were actually set up around the end of the Asian crisis. … Read more
When it comes to mortgages and credit cards, as long as you pay by the end of the grace period, you aren’t charged late fees, and your interest rate isn’t adversely affected, though you are often considered a “slow pay” customer. When it comes to insurance, however, there is no grace period, and paying your … Read more