QFinance


QFinance

About the author:

QFINANCE is a unique collaboration of more than 300 of the world’s leading practitioners and visionaries in finance and financial management, covering key aspects of finance including risk and cash-flow management, operations, macro issues, regulation, auditing, and raising capital.

Stories by the author

Bernanke’s Great Deception: Is The Federal Reserve Waging A War On Savers & Pensioners?


The Federal Reserve’s strategy of holding interest rates near zero to spur the economy has had its share of critics – especially since it caused a massive transfer of wealth from savers to spenders, while many middle class pensioners, who were relying on fixed interest returns, have been forced out of "safe" investments and into riskier investments. Yet, Fed Chairman Ben Bernanke is now attempting to redefine what we mean by “savings”, so as to continue dishing out ultra-low interest rates, while savers are made to suffer. 

Australia’s Resource Boom: From Blessing To Curse


Over the last decade, the Australian economy has experienced a boom on the back of the rise of Asia – with Chinese demand for Australian commodities in particular spurring economic growth. Yet, with emerging market growth in Asia having now slowed down, Australia’s abundance of resources is transforming from being a blessing to a curse.

Making Sense of China’s Mixed Signals


The Chinese economy is no longer blistering hot but it has been sending out mixed signals about its state of health. From deteriorating manufacturing output and falling prices to unexpected rebounds the following month, how can we make sense of Chinese contradicting economic reports?

London: Backseat Or Centre-Stage Role In RMB Internationalisation?


China is already the world’s second largest economy but its currency, the renminbi, is barely traded internationally. Unlike reserve currencies such as the US dollar, and despite China's emerging position as a global economic powerhouse, the Chinese currency is hardly used in international trade and scarcely held by foreigners. This is gradually changing but the City of London is probably being optimistic if it thinks it can grab a significant portion of that trade.

How New Regulations Are Forcing Hedge Funds To ‘Open Their Kimonos’


For the first time ever last month, U.S. hedge funds, with assets of more than $5 billion, were forced to complete a 42-page Form PF providing details of methodologies, the sort of assets they hold, the sort of assets they are short-selling and details of their equity investors and borrowings; And while hedge fund managers have complained that trading and strategic secrets may be leaked to rival firms, the new regulations also cast a new light on what was a highly-secretive, and influential, industry.

Britain’s Massive Pension Debt: An Impossible Dilemma For The Government?


By 2040, the U.K.’s debt-to-GDP ratio is likely to reach over 400 percent if the government chooses to continue on its present path. But even as the present government attempts to scale back on a number of welfare benefits – particularly pension benefits – to reduce its debt, public opposition means that they must seek other alternatives; and try to strike a balance between the nation’s debt and public welfare.

Is France’s Socialist Fairytale Unravelling?


French President François Hollande may have achieved a remarkable series of political victories – at home and in Europe – since his election in May, but his pre-election promises are now threatening to destroy Europe’s second-largest economy. Under Hollande, France is now headed for a 400 percent debt to GDP ratio; and even if it were somehow, incredibly, manages to reverse course and embrace the most stringent austerity, it would still hit 200 percent debt to GDP by 2040.

Who Watches The Financial Watchdogs In The UK?


The recent appointment of John Griffith-Jones, the senior partner of KPMG, as chairman-designate of the Financial Conduct Authority in the U.K. is troubling. Rather than properly investigating the causes of the banking and financial crisis, dealing with the culprits, and instituting fundamental reforms, the U.K. government’s appears set to just bury the truth and paper over the cracks in the hope of a recovery.

The Bane Of Spain: How The Property Market ‘Broke’ The Economy


The crisis growing within Spanish banks at the moment appear to have its roots in the country’s property market. Some 80 billion euros worth of loans by Spanish banks to the country's broken construction and real estate sectors are now considered near worthless – being at serious risk of default – while  the drying up of credit also means that fewer people are able to afford homes.

What the West Can Learn From Islamic Banking


Across the Middle East and South-East Asia, Islamic financial institutions hold aggregated assets estimated to be worth $50 billion. To some, this cash-rich sector represents a huge opportunity for growth and investment. But perhaps, what Islamic banks can really offer is a set of guiding principles that can enhance financial stability, four years after the crisis.

Silver Lining In The Greek Tragedy


Greece may not be the basket case that the rest of Europe seems to believe it is. Against the bleak picture commonly propagated by the media, the Greek state actually possesses numerous positive factors in its economy, including: a massive amount of real estate, and huge savings that can be generated simply by shrinking its public sector.