Reuters – The fund management arm of Swedish banking group SEB is planning to launch a global credit hedge fund in the autumn to take advantage of mis-pricing opportunities in the credit markets.

Peter Branner, global head of investment management at SEB, said the fund would use leverage and take long and short positions in the investment grade and high yield credit markets where the turbulence of the financial crisis has thrown up undervalued and overvalued assets.

SEB will target institutional and private banking clients for the fund, he told Reuters at the Fund Forum industry conference.

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Tags: assets, autumn, banking-group, credit markets, financial crisis, fund forum, fund management, global-credit, global-head, group seb, hedge fund, investment-management, leverage, management arm, private-banking, reuters, turbulence

Economic Times - Gold, the traditional safe haven in times of economic turmoil, proved to be more a commodity that everyone loved to hate last year even amid the turbulence that engulfed world markets.

But as 2009 gets under way the yellow metal has found huge traction with money managers. In the last eight sessions, gold has rallied as much as $100 an ounce to hit a near four-month high of $915.30 on Monday — in spite of a rising dollar.

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Tags: commodity, economic turmoil, economic-times, gold, mdash, money-managers, ounce, safe haven, sessions, spite, traction, turbulence, world markets