Market neutral was the way to go after Brexit.

Market neutral hedge fund factors breezed through Brexit plunge.
Strategies that employ offsetting bets to orient themselves not around market moves but the performance of investment factors such as momentum and dividend yield were major winners as markets buckled following the U.K. referendum.
bloom.bg

While the continuing discussion on drug prices adds some uncertainty, a Brexit vote increases interest in the sector, due to its defensive characteristics.

Pharmaceuticals 2016 midyear outlook.
M&A will be focused on smaller add-on deals, with cash remaining cheap amidst Brexit uncertainty.
bloom.bg

‘IROs’ most important role during this kind of turbulent market is their market-monitoring role.

A roundup of advice following the UK’s vote to leave the European Union
It will be more important to understand why certain investors are buying and selling your stock.
bloom.bg

One investor group remains unruffled: venture capitalists.

The one group not freaking out about Brexit: VCs
This is partly because of the numbers and partly because of the nature of venture investing.
bloom.bg

“Technology changes everything. That’s how we’re going to connect with the clients of 2020-2030.”

Why asset managers will be fewer but better by 2020
The rise of low cost products, smart beta strategies and robo-advisers that appeal to millennials will combine to reduce the number of asset management firms in coming years, but managers that can differentiate their offering and deliver alpha will be more highly valued.
bloom.bg

Oil bulls could end up road kill following the Brexit ballot.

Oil bulls face specter of market turmoil on Brexit aftershocks
Crude tumbled as much as 6.8 percent June 24 after U.K. voters decided to leave the European Union.
bloom.bg

10 percent.

British currency could drop 10% on Brexit, says AllianceBernstein's Williams
According to Darren Williams, senior European economist at AllianceBernstein, a vote by Britain to leave the EU could make the pound 10 percent weaker.
bloom.bg

The IPO market is losing its shine in 2016.

Where next for IPOs?
As IPO activity in 2016 continues to pale in comparison to previous years, what could the future hold for the market at large?
bloom.bg

A potential merger between two of Abu Dhabi’s biggest banks may just be the start of consolidation in the industry.

Facing slower growth, U.A.E. bank deals may just be starting
In what would be the country’s first major banking merger in almost a decade, National Bank of Abu Dhabi PJSC and First Gulf Bank PJSC said on Sunday that they’re in talks on a potential deal.
bloom.bg

More than 750 Bloomberg volunteers donated over 3,800 hours to transform a facility for homeless veterans.

Veterans Aid Completes First Stage of Hostel Refurbishment with Bloomberg’s Support
In partnership with Habitat for Humanity, Bloomberg volunteers completely renovated the Old Rectory building, which is now fully occupied.
bloom.bg

Home rents fell by 1.3 percent in May, the biggest drop since May 2014.

Dubai rents plunge most since 2014 as oil rout hits jobs
Residential rents in Dubai, where the majority of the population is foreign, declined the most on a monthly basis since the property peak of two years ago, according to Phidar Advisory.
bloom.bg

The oil market just hit a yellow light.

Rising oil prices encourage shale producers, dissuade investors
Crude’s advance of more than 90 percent from a 12-year low earlier this year has U.S. shale producers starting to return to their drilling rigs, threatening to slow further gains.
bloom.bg

Are the humans of finance an endangered species?

We’ve hit peak human and an algorithm wants your job. Now what?
On Wall Street, the still-essential business of banking will go on—but maybe without as many suits.
bloom.bg
Posted by Bloomberg Careers
2,059 Views
2,059 Views
Bloomberg Careers was live.
June 10 at 7:46am

Fish tank Friday -- from our Park Avenue office in NYC.

The database industry is undergoing a number of changes.

Rise of cloud, big data drives database industry shift
These changes include greater demand for in-memory and NoSQL databases and a shift to a “pay-per-use” model.
bloom.bg

The remainder of 2016 is likely to be challenging for South Africa’s economy.

South Africa’s economy stalling as exports slow
After a 1Q contraction, the country’s real GDP growth should be negative this year.
bloom.bg

Yes to ordering in. No to dining out.

2016 Olympics may mean restaurant tug of war for sales
Viewers typically watch the Olympics at home, which means most U.S. casual dining restaurants may have traffic and sales declines in 3Q, during the Summer Games.
bloom.bg

Our new tech site is now live. See how we define, architect, build and deploy at Bloomberg.

Tech at Bloomberg
Bloomberg Technology drives the worlds financial markets. Over 4,000 technologists define, architect, build and deploy complete systems to fulfill the needs of leading financial market participants globally.
bloom.bg

China’s labor markets are flashing a warning sign.

China labor markets flash warning sign as jobs slide
China’s labor markets are flashing a warning sign, with manufacturing employment sliding and services doing little to pick up the slack.
bloom.bg

Bye-bye bear market.

Commodities set to break into bull market after four-year rout
The four-year bear market that pushed commodities to the lowest level in a quarter century is coming to end as supply constraints drive a recovery in everything from soybeans to zinc.
bloom.bg