UPDATE ON THE STOCK MARKET . Written Wednesday, July 30th, 2008: 6:30 am EST. Another ‘ fl as hy - sp la sh y ’ rally yesterday So typical of bear markets, especially those with much further in time and points to go. Grizzly bear markets thrive on investors’ hope and adamant investor...
VALUE VIEW . Sovereign Wealth firms are getting their feet wet. Abu Dhabi’s sovereign wealth fund just invested in Citigroup and has previously invested in US buyout firms Carlyle Group and Apollo Management. The United Arab Emirates sovereign wealth fund invested in Och-Ziff Capital Management, a US...