Thursday, February 24, 2011

Prof George Tesar: Strathclyde University Affiliated Researchers and External Associates

Prof George Tesar. University of Umea, Sweden. Umeå School of Business, Umeå University, 901 87 Umeå.
Current position / Job Summary Professor of Marketing and International BusinessTeaching Area Marketing Management, Strategic Marketing, Product Development and Management, Business Research Methods, Marketing Theory, International Marketing, Research in Marketing, and Marketing Theory.Research Area Internationalization of smaller manufacturing firms, executive education in science and business management, technology transfer, and new product management.Awards / Honours 2004 Product Development and Management Association's Execellence Award; Life Member, Western Society of Engineers; Past Board member, Society of Automotive Analysts and Product Development and Management Association; Past member, Wisconsin International Trade Council.Other Merits Chair, Academic Board, Brno International Business School, Czech Republic. Visiting Professor, Aalborg University, Denmark; Brno Technical University, Czech Republic; Czech Management Center, Czech Republic; and Helsinki School of Economics, Finland. Seminars and lectures, University of Oulu, Finland; University of St. Gallen, Switzerland; University of Turku, Finland; University of Vaasa, Finland; University of Veszprem, Hungary; Arnhem Business School, Netherlands; Swedish School of Economics and Business Administration, Helsinki, Finland; University of Calgary, Canada.

The University is right at the heart of Glasgow - Scotland's biggest and most cosmopolitan city. The city centre has a vibrant arts scene, cutting-edge music, legendary nightlife, an exciting selection of places to eat out and much more. So studying at Strathclyde goes hand-in-hand with having a great time.

Inter-campus bus service. There's a regular shuttle bus between the John Anderson Campus and the Jordanhill Campus.

Seeing more of Glasgow. There's a lot to see in and around Glasgow - stately homes and museums like the Burrell Collection and Kelvingrove Art Gallery & Museum are unmissable. And with Loch Lomond just half an hour away there's plenty of breathtaking scenery to enjoy too. Glasgow also has great shopping and inspiring architecture - why not take a look at www.glasgowarchitecture.co.uk and www.scotcities.com to get some ideas?
As the biggest city in Scotland and the third biggest in Britain, Glasgow has excellent national and international transport links. And it's easy to get around once you're here too. This section gives you all the information you need to find us - and some hints on what visitors should see in Glasgow.

Live music. Glasgow is home to many bands that are now international names and there's loads of new talent coming out of the city's live music venues. So whether you are into rock or indie, punk or even country music, there's a place where you can give your eardrums a treat.

High culture. As well as its thriving street culture, Glasgow has more than its fair share of high culture, with a year-round programme of arts and music. There are over 20 museums and galleries, and the city is home to Scottish Opera, the BBC Scottish Symphony Orchestra and Scottish Royal Ballet.

Green spaces. People visiting Glasgow for the first time are often surprised at the amount of green space in the city centre - all the 19th-century landscaped parks and gardens are the perfect balance to the urban pace of life.

Sporting highlights. With a keenly contested rivalry between the country's two top football teams - Rangers and Celtic - an international stadium at Hampden and hosting the Commonwealth Games in 2014, Glasgow has a rightful claim to be Scotland's sporting capital.

The Highlands and Islands. With so much to do in the city centre, it's a wonder anyone finds time to venture out further - but with the highlands and islands less than an hour away, it's too tempting to resist.

Strathclyde is a great place to study and enjoy life at the same time. And this is where you can find out everything about us - from how we teach, to what's on in Glasgow and how to get around. We want to help you make the most of your time here, so we hope you'll come back to these pages to get all the latest news about what's happening on campus and in and around the city.

Prof Peter Liesch : Strathclyde University Affiliated Researchers and External Associates Prof Peter Liesch. University of Queensland.

Strathclyde University Affiliated Researchers and External Associates : Professor Liesch researches the processes and nature of the internationalisation of the firm, both large and small firms. He also investigates the nature of international business operations abroad, from export through to wholly-owned subsidiaries. The manner in which interfirm and intrafirm exchange is undertaken through these international operations is part of his research.

Peter Liesch is Professor of International Business and Leader of the Enterprise and International Business Cluster. He joined The University of Queensland in 1999 after several years at The University of Tasmania where he was Professor of Management in International Business and Head of the School of Management. At The University of Queensland, he has served as Head of the previous, pre-merger School of Management and Director of the MBA Program.

Strathclyde University Affiliated Researchers and External Associates : His Ph.D in Economics, written on the topic of government mandated-countertrade, was awarded by The University of Queensland. He has a book by this title. He has published many book chapters, and widely in the academic journals which include: Journal of International Business Studies, Journal of Operations Management, Journal of World Business, Journal of Business Research, Journal of Management Studies, Management International Review, International Journal of Human Resource Management, International Journal of Technology Management, Prometheus, Industrial Marketing Management, European Journal of Marketing, International Journal of Innovation Management, International Marketing Review and others. Professor Liesch serves on the Editorial Boards of the Journal of International Business Studies and the Journal of International Management.

He is a Professional Member of the Economic Society of Australia (Qld. Inc) and a Fellow of the Australian Institute of Management. His primary research interests include: internationalisation of the firm (particularly the smaller firm), alternative systems of inter-firm exchange, and international business operations in their diversity, both their strategies and organisational forms. He has interests in research methodology. Professor Liesch is a CI on a current ARC Discovery Grant researching the early and rapid internationalisation of the firm, the so-called born global phenomenon. Professor Liesch has served on many university committees, and is a current member of The University of Queensland Standing Committee of its Academic Board.

Strathclyde is a great place to study and enjoy life at the same time. And this is where you can find out everything about us - from how we teach, to what's on in Glasgow and how to get around. We want to help you make the most of your time here, so we hope you'll come back to these pages to get all the latest news about what's happening on campus and in and around the city.

Strathclyde University Affiliated Researchers and External Associates

Prof Joseph Francois. Department of Economics, Johannes Kepler University Linz, and Senior Research Fellow, Department of Economics, Strathclyde Business School.
Strathclyde University Affiliated Researchers and External Associates : I am professor of economics (with a chair in economic theory) with the Johannes Kepler Universität Linz. I am also a fellow of the Centre for Economic Policy Research (London) and the Tinbergen Institute (Amsterdam/Rotterdam), director of the European Trade Study Group and the Institute for International and Development Economics, research fellow with the Vienna Institute for International Economic Studies, and a board member of the Global Trade Analysis Project. I serve on the editorial board of the Review of Development Economics, and the World Trade Review. I am also a member of the policy advisory group TradePartnership. Past professional incarnations have included professor of economics at Erasmus University Rotterdam, research economist for the World Trade Organization, and chief of research and acting director of economics for the U.S. International Trade Commission. I studied economics at the University of Maryland and the University of Virginia.

Strathclyde University Affiliated Researchers and External Associates: My current research interests are somewhat scattered. They include: trade linkages to recession and growth; globalization and in equality trends: trade in services; open economy competition policy and the regulation of firm behavior; financial market integration; open economy growth and development; economic integration (like EU enlargement and American hemisphere integration schemes); the multilateral trading system (including China’s accession); trade and investment policy under imperfect competition (including the location of industry); uncertainty in computable general equilibrium; the labor market impact of globalization; the role of the service sector (finance, margin and intermediate services, etc.) in trade and development; competition in the service sectors; computational partial and general equilibrium modeling; income distribution in general equilibrium models of trade and competition; and estimation and inference within nonlinear systems (like large scale, multi-sector general equilibrium econometric models).

Strathclyde University Affiliated Researchers and External Associates : Working papers & publications
You can find links to most of the papers listed below (published and unpublished) on the right. REPEC has the most complete collection of links. If you are looking for a book chapter of something of the sort, let me know and I will try to post it.

Recent working papers: Market Structure and Market Access, Francois, J. and I. Wooton, fothcoming inWorld Economy. Services Trade and Policy , Francois, J. and B. Hoekman, this version 2009, forthcoming in the Journal of Economic Literature. Trading Profiles and Developing Country Participation in the WTO Dispute Settlement System, Francois, J., H.Horn and N. Kaunitz, this version 2008. Heterogeneous Firms, the Structure of Industry & Trade under Oligopoly, Bekkers, E. and J. Francois, this version 2008. Dynamic Factor Price Equalization and International Convergence, J. Francois and C. Shiells, this version 2008. Equity and International Trade, J. Francois and H. Rojas-Romagosa, 2008. Economic perspectives for Central America after CAFTA, J. Francois, L. Rivera, and H. Rojas-Romagosa, this version 2008. Reassessing the relationship between inequality and development, J. Francois & H.Rojas-Romagosa, this version 2008. Cross-Border Trade and FDI in Services, C. Fillat-Castejon, J. Francois, and J. Woerz, this version 2008. Endogenous Protection in General Equilibrium: estimating political weights in the EU, Francois, J., D. Nelson and A, Balaoing, this version 2008. Institutions, Infrastructure, and Trade, Francois J and M. Manchin, this version 2007.

Strathclyde is a great place to study and enjoy life at the same time. And this is where you can find out everything about us - from how we teach, to what's on in Glasgow and how to get around. We want to help you make the most of your time here, so we hope you'll come back to these pages to get all the latest news about what's happening on campus and in and around the city.

Thursday, February 17, 2011

Strathclyde University SCER Associates Part 2

Professor Ewart Keep. ESRC Centre on Skills, Knowledge and Organisational Performance (SKOPE). Professor Ewart Keep’s research interests include the links between skills and economic performance (broadly defined), the education and training policy formation process, employers’ perceptions of training and the factors that influence their willingness to invest in skills, 14-19 vocational education and training, higher education policy and the graduate labour market, lifelong learning, and the linkages between skills and people management issues.

Dr Scott Hurrell. University of Stirling. Scott Hurrell has recently been appointed to a lectureship in Work and Employment Studies in the Institute of Socio- Management at the University of Stirling, having previously worked in SCER and latterly at Aston University. One of Scott's main research interests is in the area of skills and work organisation with his PhD thesis examining soft skills deficits in Scotland, why these occurred and how employers responded to these. Scott also has interests in recruitment and selection, job quality and in organisations in the interactive service, public and non-profit sectors. Scott has worked with policy and public sector bodies including Futureskills Scotland, The Scottish Government, The Scottish Council for Voluntary Organisations and the Equal Opportunities Commission (Scotland).

Dr Henrietta Huzzell. University of Karlstad. Professor Jeff Hyman. University of Aberdeen. Professor Jeff Hyman has a long-standing research interest in the ways in which employees participate in decisions made at work and the effects of their involvement in terms of employee satisfaction, relations with managers and performance. Employee share schemes have provided a focus for this interest. In the past few years, he has also been involved in research exploring new directions in work, exploring concepts and practice of work-life balance in sectors such as finance, software and in call centres with a particular emphasis on developments in Scotland where these sectors have become dominant areas for employment and for the local economy.

Professor Csaba Mako. Hungarian Academy of Sciences . Csaba Makó is specialized in organizational changes (innovations), learning organisation and in their institutional (eg labour relations) contexts in an international perspective. He received Academic Doctors’ Title in Sociology (1983). Presently, he has a position as a Research Director at the Institute of Sociology – Hungarian Academy of Sciences and involved in numerous national and international projects. Some of the recent international projects:
Beside research responsibilities, Csaba Makó has full time professorship at the Debrecen University – Department of Economics and is a head of the Ph.D. School in Economics (since: 2004).

Dr Steve Paton. University of Strathclyde. Steve’s research addresses the nature of contemporary work focusing on the areas of knowledge in work and the management of the knowledge resources of the firm. Current activity is primarily focused on the generation of operational strategies of organizations and their attempts to create competitive advantage by increasing their activity in the areas of creative work and innovation and expanding their service provision and therefore moving up the value chain. Steve has published in the areas of change management and the management of knowledge work.

Dr Diane van de Broek. University of Sydney. Diane van den Broek's research and publishing interests relate to management and labour process issues within the service economy, most recently this has involved the changing relationships around technology, professionalism and deskilling within call centres. She has also been involved in an international study, in collaboration with researchers in Scotland and Sweden researchers on aesthetic labour in the retail industry. Two other projects Diane is working on include the matching of graduate attributes with employability, and variations around occupational identity.

Strathclyde is a great place to study and enjoy life at the same time. And this is where you can find out everything about us - from how we teach, to what's on in Glasgow and how to get around. We want to help you make the most of your time here, so we hope you'll come back to these pages to get all the latest news about what's happening on campus and in and around the city.

Strathclyde University SCER Associates Part 1

Professor Tom Baum. University of Strathclyde. Tom Baum's research focuses on people and work in low skills service industries, notably the hospitality and tourism sectors. His work considers HR themes both from a macro perspective in terms of planning and structural dimensions and in terms of the inter-face between employyes and customers at the level of the individual enterprise. Tom's work is internationally focused and includes research in a range of European, Asian, African and Pacific region contexts. He has published widely in the field with seven books and over 150 academic papers. He has also consulted with governments, international donor agencies and the private sector and appeared as an expert witness in international arbitration courts.

Professor Sharon Bolton: University of Strathclyde. Sharon C Bolton is Professor of Organisational Analysis at Strathclyde University Business School, Glasgow, UK. Her research interests include emotion in organisations, public sector management, nursing and teaching, gender and the professions, dignity in and at work, the human in human resource management. She is currently working on comparative research on dignity at work in Europe, with a focus on Greece and the UK and also gender, education and knowledge transfer across international boundaries. Sharon continues to be interested in developing more nuanced understandings of emotion at work, and the labour and skill involved in the emotional labour process. Research is published widely in leading international sociology and management journals such as Work, Employment and Society; Sociology; Journal of Management Studies; Gender, Work and Organisation, Sociologia Del Trabajo, Economia & Management and practitioner periodicals such as People Management and Personnel Today. A sole authored book ‘Emotion Management in the Workplace’ was published by Palgrave in 2005 followed by two edited collections in 2007: ‘Searching for the Human in Human Resource Management’ (with Maeve Houlihan) (Palgrave) and ‘Dimensions of Dignity at Work’ (Elsevier) and a new edited collection ‘Work Matters’ (with Maeve Houlihan) published by Palgrave in April 2009.

Dr John Buchanan. University of Sydney.
Dr Asaf Darr. University of Haifa. Asaf Darr studied Organizational Behaviour at the School of Industrial and Labour Relations, Cornell University. He is currently a senior lecturer in Organization Studies at the University of Haifa, and the Head of the Organization Studies program. In addition to many articles, he is the author of Selling Technology: The Changing Shape of Sales in an Information Economy, published in 2006 by Cornell University Press. His current research is on the social fabric of mass markets and on sales work and sales workers.

Doris Eikhof. University of Stirling. Doris Ruth Eikhof is Lecturer in Organization Studies at the Department of Management, University of Stirling, and Research Associate at the Wirtschaftsuniversität Wien, Austria. Her research interests include creative industries, changing forms of work and organization, organizational boundaries, organizations and lifestyles and social theories in organization studies. She has published in international and German academic books and journals, including Journal of Organizational Behavior, Creativity and Innovation Management and edited volumes to be published by Palgrave and Routledge. Recent collaboration with SCeR has included joint publications and editorships, the organization of conference streams for EGOS and ILPC and a comparative project on European football as an employment system.

Dr Richard Hall. University of Sydney. Professor Axel Haunschild. University of Trier. Axel Haunschild is Professor of Work, Employment and Organisation at the University of Trier, Germany. He is also Guest Professor of Human Resource Management at the University of Innsbruck, Austria, and at the School of Management, Royal Holloway, University of London. His research interests focus on changing forms of work and organisation, employment systems in the creative industries, the institutional embeddedness of work and employment, and the boundaries between work and life. He has published in journals such as Human Relations, British Journal of Industrial Relations, International Journal of Human Resource Management, Creativity and Innovation Management and Journal of Organizational Behavior. Recent work with SCER has included the organisation of conference streams (ILPC, EGOS), joint publications and editorships as well a comparative project on national employment systems in professional football

Strathclyde is a great place to study and enjoy life at the same time. And this is where you can find out everything about us - from how we teach, to what's on in Glasgow and how to get around. We want to help you make the most of your time here, so we hope you'll come back to these pages to get all the latest news about what's happening on campus and in and around the city.

University of Strathclyde and Associates: Publications

University of Strathclyde and Associates: Publications: Scottish Chambers' Business Survey
The quarterly survey, produced in conjunction with the Scottish Chambers of Commerce, provides aggregated information by area and by sector on the general business and labour market situation of some 3,000 Scottish firms. The survey currently covers Scottish manufacturing, construction, wholesale, retail and tourism. A further report based on a quarterly survey of the Scottish oil and gas related sector, and conducted in collaboration with the Institute, is published by Aberdeen and Grampian Chamber of Commerce.

University of Strathclyde and Associates: Publications: Customised Research
The Institute has completed a wide range of customised reports for public and private sector organisations within Scotland and beyond. Using a range of economic analysis tools these reports have ranged from reports on the impact of the Foot and Mouth outbreak on Scotland's economy, an impact study of Jersey's economy upon its environment and the impact of the arts and cultural sector in Scotland.

In addition, Institute staff have acted as advisers to both Westminster and Holyrood committees, public bodies and foreign governments.

University of Strathclyde and Associates: Publications: Raising the Return
The Institute, jointly with the Scottish Council Foundation, has released 'Raising the Return: Scotland's Public Assets'. The report, by economic consultant and Institute Associate Jo Armstrong consists of four short papers and examines the evidence on how effective Scotland's public sector has been in deploying the record-levels of funding it has received. A full press release is available from the media section of the website. Copies of the report, priced fifteen pounds, can be obtained from the Scottish Council Foundation.

University of Strathclyde and Associates: Publications: Major new addition to thinking on Scotland's future
New Wealth for Old Nations provides a guide to policy priorities in small or regional economies. It will be of interest to policymakers, students, and scholars seeking avenues to improved growth, greater opportunity, and better governance. Some of the world's leading economists combine their research insights with a discussion of the practicalities of implementing structural reforms. Scotland is the ideal case study: the recent devolution of government in the United Kingdom offers a natural experiment in political economy, one whose lessons apply to almost any small, advanced economy.

One fundamental conclusion is that policy can make a big difference to long-term prosperity in small economies open to flows of knowledge, investment, and migrants. Indeed the difficulty in introducing growth-oriented policies lies more in the politics of implementing change than in the theoretical diagnosis. Public sector governance is consequently a key issue in creating a pro-growth consensus. And faster growth must be seen to improve opportunities for the population as a whole. Further, setting out the evidence - as this book does for Scotland - is vital to overcoming entrenched institutional barriers to policy reform. The first chapter is by Jo Armstrong, John McLaren, and the editors; and the subsequent chapters are by Paul Krugman, William Baumol, Edward Glaeser, Paul Hallwood and Ronald MacDonald, James Heckman and Dimitriy Masterov, Heather Joshi and Robert Wright, Nicholas Crafts, and John Bradley.

Diane Coyle is a consultant and member of the United Kingdom's Competition Commission and a Visiting Professor at the University of Manchester's Institute of Political and Economic Governance. Wendy Alexander is a Member of the Scottish Parliament and former Scottish Minister for Enterprise, Transport, and Lifelong Learning. Brian Ashcroft is Professor of Economics and Policy Director of the Fraser of Allander Institute for Research on the Scottish Economy at the University of Strathclyde.

Strathclyde is a great place to study and enjoy life at the same time. And this is where you can find out everything about us - from how we teach, to what's on in Glasgow and how to get around. We want to help you make the most of your time here, so we hope you'll come back to these pages to get all the latest news about what's happening on campus and in and around the city.

Thursday, February 10, 2011

University of Strathclyde and Associates: Top Universities

The evolution of the University of Strathclyde is complex. It began in 1796 when John Anderson, Professor of Natural Philosophy at Glasgow University, left in his will instructions for 'a place of useful learning', a university open to everyone, regardless of gender or class. His vision was realised and Anderson's University opened its first premises in High Street, Glasgow, in late 1796. It moved to George Street and developed rapidly throughout the nineteenth century. By the 1890s, Anderson's University had become a major technological institution with a wide reputation for research and learning.

Since its foundations over 200 years ago, the University has evolved and expanded, while remaining true to the vision of its founder - to be a place of useful learning for all.

The University of Strathclyde was founded in Scotland as a place of useful learning, to make higher education available to all, and to combine excellence with relevance. In fulfilling this mission in today's world it will Contribute to the advancement of the knowledge society, to social cohesion and to the quality of life in Scotland, and in the wider national and global community;Generate, through excellence in research and scholarship, new ideas, knowledge and skills to create opportunities for individuals and society; Provide high-quality education to all of its students, regardless of background, inspiring them to develop to the full their abilities, and creating outstanding professional and creative people; Offer the opportunities for all staff to develop their full potential, and contribute fully to the achievement of the University's Vision.

Our aim is to convey to our graduates notonly a high level of professional knowledge, but also the ability to think innovatively andcreatively, and to be capable of becoming the entrepreneurs of the next generation. For this we need dedicated staff – which we have in abundance – and improved facilities, including more teaching clusters such as the recently-opened Crawfurd Complex at Jordanhill which is proving to be an enormous success. From this vanguard position we are continuing to develop a unique interactive IT-based teaching environment across both campuses. Our learning and teaching strategy encourages diversity. We believe that a student population drawn from a range of backgrounds, nationalities and ethnic groups enriches the learning experience of all students. We are promoting opportunities for wider access to higher education by building more effective progression routes from further to higher education, and through our commitment to the GOALS initiative (Greater Opportunity of Access and Learning with Schools), a partnership of the West of Scotland universities and schools which inspires pupils to be successful. There are also major changes taking place in Europe, particularly through the Bologna agreement. We have the opportunity to be at the forefront of these through our membership and current chairmanship of the European Consortium of Innovative Universities (ECIU), a group of like-minded universities to our own. This group has been developing joint Masters’ programmes that will allow students to study at more than one European centre.

Strathclyde University and Associates is a great place to study and enjoy life at the same time. And this is where you can find out everything about us - from how we teach, to what's on in Glasgow and how to get around. We want to help you make the most of your time here, so we hope you'll come back to these pages to get all the latest news about what's happening on campus and in and around the city.

Strathclyde University and Associates News: Strathclyde receives $100,000 Gates Foundation grant for innovative global health research

Strathclyde has announced that it has received a US $100,000 (£65,329 approx) Grand Challenges Explorations grant from the Bill & Melinda Gates foundation.

The grant will support an innovative global health research project conducted by Dr Owain Millington and Dr Gail McConnell, for a laser-targeted system to vaccinate against the virulent Leishmania infection.

Dr Millington’s project is one of 78 grants announced by the Gates Foundation in the fourth funding round of Grand Challenges Explorations, an initiative to help scientists around the world explore bold and largely unproven ways to improve health in developing countries. The grants were provided to scientists in 18 countries on six continents.

To receive funding, Dr Millington showed in a two-page application how their idea falls outside current scientific paradigms and might lead to significant advances in global health. The initiative is highly competitive, receiving almost 2,700 proposals in this round.

There are two million new cases each year of Leishmania in nearly 90 countries, mainly in Asia, Africa and South America. It is a chronic, disfiguring and potentially fatal infection but many of the treatments used against it have serious side effects and it is often resistant to first-line treatment.

The multi-disciplinary research will combine immunology, parasitology and laser-based imaging to design and build a new vaccination system. It involves using one laser system to create images of Leishmania parasites, subsequently deploying a second laser to kill the parasites within cells. Importantly, the cells which harbour Leishmania also control the induction of an immune response. Hence, the researchers intend not only to directly destroy parasites in these cells, but also to determine whether the treatment brings long-lasting protective immunity against reinfection.

Dr Millington and Dr McConnell are both Research Councils UK Fellows with the Strathclyde Institute of Pharmacy and Biomedical Sciences. Dr Millington said: "The Leishmania parasite is hugely damaging and one of its worst features is that it manipulates the immune system to prolong its survival. This means there's an urgent need for new drugs to control the diseases it creates, and protect against infection.

"There has been a great deal of research into the development of vaccines but it has had only limited success in preventing infection. Our aim is to work towards creating immunity with new and improved imaging systems to find, target and kill Leishmania parasites in a way which is less invasive and less time-consuming than current methods. We also hope to investigate the possibility of extending it to the treatment of other diseases.

"The multi-disciplinary nature of the work reflects the ethos of the Strathclyde Institute of Pharmacy and Biomedical Sciences, where biological, pharmaceutical, chemical and physical scientists work together with the common goal of discovering and developing treatments for the biggest health challenges of the 21st century. The Institute's new building, for which funds are currently being raised, will enable better, swifter and more efficient delivery of these treatments for patients around the world."

“The winners of these grants show the bold thinking we need to tackle some of the world’s greatest health challenges,” said Dr. Tachi Yamada, president of the Gates Foundation’s Global Health Program. “I’m excited about their ideas and look forward to seeing some of these exploratory projects turn into life-saving breakthroughs.”

The Strathclyde Institute of Pharmacy and Biomedical Sciences is currently the subject of an £8 million fundraising campaign for a £36 million new building to expand and enhance its work in developing new medicines for diseases including cancer, heart disease, infectious diseases and schizophrenia.

Strathclyde is a great place to study and enjoy life at the same time. And this is where you can find out everything about us - from how we teach, to what's on in Glasgow and how to get around. We want to help you make the most of your time here, so we hope you'll come back to these pages to get all the latest news about what's happening on campus and in and around the city.

Strathclyde University and Associates News: Honorary degrees for eminent trio on University Day

A leading businessman, a renowned chemistry professor and a former Moderator of the General Assembly of the Church of Scotland were the distinguished recipients of honorary degrees from Strathclyde this week.

Jim McColl OBE, Chairman and Chief Executive of business development company Clyde Blowers, James Gimzewski, Distinguished Professor of Chemistry at the University of California, Los Angeles, and the Very Rev David Lunan, who served as Kirk Moderator in 2008-9, received their doctorates in a ceremony at the University's Barony Hall on Wednesday, 5 May, as part of University Day celebrations.

The awards were made in recognition of their outstanding service in, and contributions to, their respective spheres.

Strathclyde Principal Professor Jim McDonald said: "It is a pleasure to award honorary degrees to such eminent figures. The depth of their knowledge and experience reflects the ethos of Strathclyde as a university with impact in education, research, industry and public life.

"Our honorary graduates are at the forefront of the fields they work in and we are proud to welcome them to Strathclyde."

Mr McColl graduated from Strathclyde in 1978 with an Honours degree in Technology and Business Studies. He went on to work with Weir Pumps, while studying part-time for an MBA at Strathclyde. He later took up a senior management position with Diamond Power Speciality Limited and studied part-time for a Masters in International Accounting and Finance.

Mr McColl joined Coopers and Lybrand as a senior consultant in 1985 and went on to acquire 29.9% of Clyde Blowers plc. The company now has 55% of the world market in its original product line, as well as expanding into other growth engineering sectors. It has a portfolio of 83 companies in 27 countries, employing a total of 5,000 people.

Professor Gimzewski gained a BSc and a PhD in the Department of Pure and Applied Chemistry from Strathclyde and has gone on to become an internationally-recognised pioneer in the field of nanotechnology. He spent 18 years at international technology firm IBM's Zurich research laboratory and there created what is officially recognised as the world's smallest calculator.

After joining UCLA, Professor Gimzewski developed the use of scanning tunnelling microscopy (STM) in the imaging of molecules and his team has used the method to identify cancerous cells in patients with lung, breast and pancreatic cancers. He is also involved in a series of collaborative projects between art and science which have been exhibited in museums across the world, with the aim of making scientific insights accessible to non-scientific audiences.

Professor Gimzewski is a Fellow of the Royal Society and the Carnegie Centenary Professor in the Department of Physics at Strathclyde.
Mr Lunan studied at the University of Glasgow and took up his first assistant ministry in the Calton area of Glasgow. He served as Minister of St Andrews Lhandbryde Parish Church for 12 years from 1975 and was Moderator of the Presbytery of Moray in 1985-6.

In 1987, Mr Lunan returned to Glasgow as Minister of Renfield St Stephen's Parish church and oversaw the rebuilding of the church after its steeple collapsed. He was Glasgow Presbytery's Clerk from 2001 to 2008 and its Moderator in 1999, before being named Moderator of the General Assembly for 2008-9.

Mr Lunan has been active in world mission and development, taking study tours with Christian Aid to Malawi, the Philippines and South Africa. He has also been a hospital chaplain in Elgin, chaplain to the Tom Allan Counselling Centre and the Lord High Commissioner and honorary chaplain to the church's mission partners.

A Fellowship of the University was also conferred on Dr Peter West OBE, former Secretary to the University of Strathclyde, in recognition of more than 25 years of service as a senior administrator. He is also Convener of the University's Malawi Millennium Project and a former Convener of the Secretaries Group of Universities Scotland. Dr West is currently a special adviser to the Principal.
A further presentation was made of the Strathclyder of the Year Award, presented to a member of the Strathclyde community who has made an outstanding contribution to the University or to society, and in doing so has enhanced the University's reputation.

This year the award has been made jointly to Dr Scott Strachan and Mike Dolan of the Department of Electronic & Electrical Engineering for their work in bringing sustainable energy facilities to villages via the Gambia Project.

Strathclyde is a great place to study and enjoy life at the same time. And this is where you can find out everything about us - from how we teach, to what's on in Glasgow and how to get around. We want to help you make the most of your time here, so we hope you'll come back to these pages to get all the latest news about what's happening on campus and in and around the city.

Sunday, February 6, 2011

Strathclyde University and Associates: Boiler Room Movie Review

The Digital Information Office, Strathclyde University and Associates service for electronic resource management review by Bradley Null: America is the land of opportunity, and now more than ever, the opportunity that most Americans are preoccupied with is that of easy money. Our news media is saturated with stories of the instant millionaire, 25-year-old startup CEOs worth nine figures or the crafty investor that bought that startup on IPO and doesn't have to worry too much about his day job anymore either. There are a number of powerful cautionary tales waiting to be drawn from this unwholesome frenzy. Boiler Room tries to tell one of these stories, but sadly it fails to add much to the greed genre established by its two heavily referenced predecessors: Wall Street (1987) and Glengarry Glen Ross (1992).
Boiler Room is the story of Seth (Ribisi), a 19-year-old college dropout obsessed with the American dream of easy money. After concluding rather quickly that college isn't necessarily the fast track to a quick buck, he opens up an underground casino out of his house in Queens, providing a popular service for the local city college kids. After his disapproving father (Rifkin) finds out about the casino, Seth, feeling a repressed need to gain his father's approval, looks into an opportunity to become a stockbroker at the small firm of J.T. Marlin.

As it turns out, the firm, located in the heart of Long Island, conspicuously far from Wall Street, is a 'chop shop,' shorthand for a brokerage house more interested in pawning off securities for its own interests rather than serving its customers. When Seth's father discovers this, not only does Seth not find the approval he was hoping for, but he is excommunicated from the family.

Though he has only a minor part in the film, Ben Affleck is highlighted in trailers for the film, and the discerning observer will notice a strong similarity between his scene in the trailer, and Alec Baldwin's immortalized portrayal of a real estate shark in Glengarry Glen Ross. In fact, Affleck's big scene draws heavily on Baldwin's, though his performance (and the material he has to work with) does not live up to what is almost universally agreed upon as the best performance of Baldwin's career. This is not the only referencing of David Mamet's portrayal of the dark world of real estate cold-calling in this movie, however. Later in the film, when receiving some instructions on how to cold-call potential customers, Seth is told to remember one of Baldwin's catch phrases from that scene, 'A-B-C. Always Be Closing.' Boiler Room also liberally references, both directly and indirectly, its direct predecessor in the 'greed is good' category of filmmaking. Not only drawing its basic theme and plot structure from Wall Street, Boiler Room also draws its best dialogue during a scene in which a number of young stock brokers sitting in one of their sparely decorated mansions, compete with each other to quote lines from Wall Street, whose antagonist, Gordon Gecko, is obviously regarded as an idol within the group.

As a movie, Boiler Room is moderately entertaining. Vin Diesel in particular, off a strong turn in Saving Private Ryan, turns in another powerful performance as Chris, one of Seth's mentors at J.T. Marlin. Sadly though, Ben Younger, in his writing and directorial debut, adds very little to the filmic pantheon in his own voice. Even the film's most prolific statement on the American obsession with getting rich, 'either you're slinging crack rock or you've got a wicked jump shot,' is a quote of the rap star Notorious B.I.G. The most admirable outcome of this film might be that it leads viewers to check out its two predecessors. I would urge the same as well.

Market Outlook October 2010: Strathclyde Associates Government Bonds Part1

The major government bond markets have made further significant gains over the past month, despite the massive fiscal deficits around the world, and the renewed concerns about the possibility of sovereign debt defaults in Europe.

Online PR News – 12-October-2010 –Market Outlook October 2010: Strathclyde Associates Government Bonds Part1
The major government bond markets have made further significant gains over the past month, despite the massive fiscal deficits around the world, and the renewed concerns about the possibility of sovereign debt defaults in Europe.

They have continued to receive support from the slow pace of economic recovery in the developed world, and the low level of short-term interest rates; but they have also acquired an enhanced “safe haven” status and as a result 10-year yields have fallen to 2.5% in the US, 2.2% in Germany, below 3% in the UK, and below1% in Japan.

Strathclyde Associates Korea article: This continuing fall in yield levels has surprised most commentators, and has led on the one hand to suggestions that these markets are anticipating a move towards a Japanese-type situation of an extended period of slow growth and the threat of deflation, and on the other hand to warnings that a “bond bubble” is being created that will quickly burst if the gloom about global economic prospects proves to be overdone.

The outlook for the markets has also been complicated by the further evidence of conflicting attitudes amongst central bankers about the correct response to the current problems, with the Fed primarily concerned to maintain the momentum of the US economy, and the European Central bank, and to a lesser extent also the Bank of England, anxious to reduce the level of fiscal deficits.

Market Outlook October 2010: Strathclyde Associates Government Bonds Part1Although we have also been surprised by the strength of the markets so far, our position remains basically unchanged. Slow economic growth and low short term interest rates will continue to provide support to the markets we do not expect a move to a “doubledip” recession in the developed countries, and we do expect China and other developing countries to continue to provide considerable support to the global economy.

We therefore feel that the gloom about economic prospects is overdone, and that sentiment will eventually change.

In the meantime the markets have to cope with massive fiscal deficits and the possibility of sovereign debt defaults in Europe. There us therefore a serious risk that a “bond bubble” is developing.

The latest available evidence on the performance of the US economy has obviously provided considerable support for the US bond market, and for bond markets elsewhere.

Market Outlook October 2010: Strathclyde Associates Government Bonds Part1Consumer spending is holding up fairly well, helped by considerable discounting by retailers; but the labour market and the housing markets remain depressed, manufacturing activity appears to be declining, and the latest trade statistics do not suggest that exports will offset any weakness in domestic demand.

Growth in the second half of the year is therefore expected to be well below the level achieved in the first six months.

There was therefore considerable speculation ahead of the latest meeting of the Fed’s Open Market Committee that further quantitative easing measures would be introduced to boost the economy; but although the bank conceded that “the pace of the recovery in output and employment has slowed in recent months”, its only response has been to reinvest the proceeds of maturing mortgage-backed and agency securities into Treasury securities to ensure that it did not tighten its easy monetary policy.

Strathclyde Associates Investment Guide: Investment Strategy

A well-planned investment strategy is essential before having any investment decisions. A business strategy is generally based upon long run period. Formation of business strategy largely dependent upon the factors such as long-term goals and risk on the investment.

As the return on investment is not always clear, so the investors prepare the strategy so as to face the ongoing challenges in investment. A balanced investment strategy is generally required in the process of investment, which possesses long time period and some risk tolerance.

In the case, when a strategy is aggressive the chance of attaining a higher goal is higher. An efficient strategy can be obtained from portfolio theory, which shows good estimates on risk and return.

Strathclyde Associates Investment Guide: Investment Strategy is usually considered to be more of a branch of finance than economics. It is defined as set of rules, a definite behavior or procedure guiding an investor to choose his investment portfolio. For example, investing in mutual funds has recently emerged as a very favorable investment strategy.

An investment strategy is centered on a risk-return tradeoff for a potential investor. High return investment instruments such as real estate and mutual funds usually have more risks associated with it than low return-low risk investment opportunities. Return on investment can be calculated on past or current investment or on the estimated return on future investment.

Symbolically, it can be expressed as: Vf/Vi -1 where Vf denotes final investment value and Vi is the initial investment value. (“f” and “i” should be noted as subscripts)

Strathclyde Associates Investment Guide: Return on investment (ROI) is profitable when Vf/Vi-1>0 and the investment is deemed to be unprofitable when the value of final investment is less than that of the initial investment. ROI is calculated to be 1 or 100% when the value of the final investment is twice the value of the initial investment.

Types of investment strategies can be defined as follows: A passive investment strategy attempted to minimize transaction costs.

An active investment strategy guide used to maximize returns based on moves such as proper market timing. This usually mean, “buying in the lows and selling in the highs” or buying investment instruments when they are cheap and selling them off when their price appreciates. This strategy, however, is not very beneficial for small time investors.

Small time investors can adopt the buy and hold investment strategy to invest in equities, which although volatile in nature, give favorable long run returns. Investing in equity markets for small time investors is associated with the investors holding on for very long periods. In the case of real estate, the holding period extends the lifespan of the mortgage. Notably, in case of this strategy, indexing or buying a small proportion of all the shares in market index or a mutual fund is a purely passive variant of the above strategy.

The strategy of value investing, a classic investment strategy propagated by Benjamin Graham simply concentrates on the strategy that an investor buys shares of a company as if he was buying off the whole company without paying any attention to the stock market scenario or any exterior conditions such as the political climate. At the end of the day, if he can buy the stock at less than that its actual future worth to the buyer, the person is said to have discovered a “value investment.”

Investment strategies can also denote the investment strategies a national or federal government should follow to bring about economic growth in a country. This can only be achieved by domestic investment as well as significant FDI (Foreign Direct Investment) flows to particular sectors of countries, especially the less developed ones of Asia and Africa.

In case of India, infrastructural problems, excessive government intervention, rigid labor laws and corruption are stifling the flow of FDI in the critical sectors. Less developed countries such as those in the Asia- Pacific region and Africa can bring about much needed development in these economies.

Strathclyde Associates Construction Management News: Design Firms Are Reluctant to Adopt Collaborative Project Methods

WAYLAND, Mass. — Many architecture and engineering leaders believe integrated project delivery (IPD) — where architects, engineers, owners, contractors, and subcontractors work collaboratively as a team from the inception of a project and share the benefits and risks — is riddled with too many unknowns to even consider at this point, according to a survey by The Zweig Letter.

Strathclyde Associates Construction Management News: Participants in the survey said the lack of specific insurance protection products, no vetting in the courts, and the sheer difficulty of assembling a group of people with a common goal, are all impediments to IPD.

“Unfortunately I feel that IPD will only be tested when there is litigation,” said Rick Savely, chief development officer at architecture firm TAYLOR. “Then and only then will we see whether all parties will band together as one.”

Strathclyde Associates Construction Management News: Despite the jitters, a number of design firms are pushing the concept, which is seen as a way of producing better projects at lower costs. An evenly split majority of respondents (75 percent) said that they have either tried or are considering IPD.

“IPD allows competent firms to deliver increased value to their clients and achieve better returns if only by slashing bureaucracy, improving communication, and limiting rework, all while containing their liabilities through use of appropriate subcontract agreements,” said Kevin Phillips, CEO of FPM Group Ltd. in Ronkonkoma, N.Y., a full-service environmental and traditional engineering firm.

Respondents gave a variety of answers when asked about the greatest impediment to IPD adoption.

Strathclyde Associates Construction Management News: The most common responses focused on inertia, finding partners who think alike, fear of the “point of no return” with IPD, lack of specific liability coverage, legal unknowns, technological challenges, and reluctance to adopt existing IPD contracts, among others.

Specifically, 25 percent of respondents listed lack of specific insurance products as the biggest barrier, followed by lack of legal precedent (17 percent), and the difficulty in assembling the right team and a perception that IPD benefits some more than others (both at 13 percent).

Strathclyde Associates Construction Management News: Nevertheless, many among the skeptics are at least willing to give IPD a try. According to the survey, 44 percent of respondents said they would join an IPD team if they could find the right partners. Another 26 percent said they would entertain the concept if insurance products were available, and a further 26 percent said they are waiting to see how the courts look at litigation involving IPD before looking deeper.

The company was established in early 2005 to serve the booming international construction industry. We work with associate companies worldwide.
Soon after its establishment, Strathclyde Associates Trading and Management Construction Company made a number of associations mainly in the Pacific and Southeast Asia regions. These business partnerships added extra strength to Strathclyde Associates Trading and Management Construction Company. We are proud to be associated with projects in countries including Thailand, Indonesia, Singapore and Seoul, S Korea.

Strathclyde The Anti-phishing Scam Web Service

Strathclyde University Associates anti-phishing web service by Christopher Cranston, Department of Computer and Information Sciences, University of Strathclyde, Glasgow.

Although there are existing anti-spam and anti-phishing solutions for end-users, none of them are widely
deployed or fully effective. Rising financial losses and a growing numbers of phishing attacks have led to
anti-phishing extensions to existing Web browsers, but there is little product attention on helping end-users
determine whether a received email is a phishing attempt. This often leaves users relying on their own
judgment when assessing the authenticity of an email.

In this context, we have prototyped an Anti-Phishing Web Service (APWS). This facility analyses users'
emails and advises if they are likely phishing attempts. The APWS operates in a three step process: (1) Users
forward any suspect email to the APWS for analysis; (2) The APWS performs a series of tests on the email,
each resulting in a score. An overall score is derived which indicates a likelihood that the email is a phishing
attempt; (3) The APWS generates an online report for the user.

The APWS has several advantages over existing end-user anti-spam and anti-phishing solutions. Firstly,
the APWS helps the end-user decide if an email is a phishing attempt by applying sophisticated analysis
techniques. Without assistance, users would otherwise have to judge whether an email is genuine using
whatever limited knowledge they may have. Secondly, the APWS may be combined with a spam filter. The
spam filter can attempt to catch all spam and phishing emails. Any emails which pass through can still be
sent to the APWS for analysis. Thirdly, the APWS has no reliance on a database of phishing attempts. This
means that new, un-encountered phishing attempts may be caught. Fourthly, the APWS operates as a network
service and requires no software installation on the users machine.
The goal of the APWS is to determine whether or not an email is a phishing attempt. To achieve this, it
relies on a collection of real phishing emails that were analysed as a basis for test design. Once the tests have
been applied, a report is generated on the results. The systems report function writes out the following email
headers to the html report file: From, To, Date Sent and Subject and adds the total score and corresponding
phishing risk rating for the email in question. The total score of an email begins at 0. Every test that returns
true adds 1 to the total score (this could be altered to weight some tests more than others). A phishing risk
rating is assigned according to the total score for the email.

Strathclyde University Associates anti-phishing web service - The content of test emails is parsed by the APWS in order to check all links, anchor tags and form tags.
Evaluating the credibility of a submitted email is largely heuristic, with a series of seventeen tests applied to
the email message in order to derive its final score. An outline of these tests is given below.
Phishing emails often contain URLs with encoded characters in an attempt to disguise the true link target.
We apply a test on every embedded Web link which returns true if the authority part of the URI contains
encoded characters. Similarly, a test checks each Web link and returns true if the user-info part contains
encoded characters. If the path part, the query part or the fragment part of Web link contains encoded
characters, each of these contributes a positive score to the message result.

A further common ploy in phishing emails is the use of URLs in which the host part is a dotted quad IP
address as an attempt to disguise the true URL. We check each URL for this feature and increment the
positive score if the result is true. Similarly, a positive value is added for any URLs in which the host part is
an IP address expressed as a single decimal number, and for URLs in which the host part is a dotted quad IP
address, with each quad expressed either in octal or hexadecimal.
Emails containing URLs with user-information in the authority part of the URL are often attempting to
obscure the true target, and make it appear as if the link points elsewhere. We test every embedded URL and
return true if the authority part contains user-information. Another tactic used to disguise the true destination
of a Web link, is to use URLs with user-information in the authority part of the URL, and in addition the
user-information itself resembles a URL. We test every URL for this feature and return true if the authority
part has user-information that resembles a URL. Embedded URLs that specify non-standard Web ports are a
further hint of irregularity. For any URL in which the port is not 80, we return an additional positive
increment.
The presence of a URL in which the organization domain contains the purported sender's organization
domain as a substring, is a futher positive score since this is considered an attempt to disguise the link's true
target. Similarly, URLs in which a subdomain matches the purported sender's organization domain returns a
positive increment. If a URL has an organization domain that closely matches the purported sender's
organisation domain, we also increment the positive score. This test is performed on every URL and returns
true if the Levenshtein Distance (LD) between the organization domain and the purported sender's
organization domain is less than half the length of the purported sender's organization domain. We do not
return true if the LD in this calculation is zero (i.e. the domains being compared are equal).
Phishing emails often contain anchor tags wherein the text the anchor text resembles a URL, but that
URL points to a different location than the tag's href attribute. We returns a positive increment for URLs
with such a feature. Finally, we check for attachments with malicious content. This test is performed on every
attachment object and returns a positive increment if the attached file name extension matches one of the
following: ade, adp, bas, bat, chm, cmd, com, cpl, crt, exe, hlp, hta, inf, ins, isp, js, jse, lnk, mdb, mde, msc,
msi, msp, mst, pcd, pif, reg, scr, sct, shs, url, vb, vbe, vbs, wsc, wsf and wsh.

Thursday, February 3, 2011

Strathclyde Associates: Our Corporate Profile

Providing services globally to a vast group of clients that include private individuals, financial institutions, governments and corporations.
At Strathclyde Associates we pride ourselves with comprehending each individual client’s unique financial needs and preferences.
A constant commitment to our clients is the strong foundation of the business culture at Strathclyde Associates.
We constantly develop innovative solutions in order to accommodate the ever-changing tastes, desires and needs of our clients.
Strathclyde Associates is a full service brokerage firm with many years experience in providing a wide array of services globally to a vast group of clients that include private individuals, financial institutions, governments and corporations.
Through the Strathclyde Associates Institutional and Private Clients Divisions we provide our clients with services that include Securities, Investment Banking and Investment Management Services.
Above and beyond we are the first choice for individuals and institutions alike when considering a Premier Wealth Management Company. Excellence in market execution and the provision of the right information at the right price, at the right time has given Strathclyde Associates an enviable worldwide prestige of being able to ensure that our clients achieve their financial objectives and aspirations.
From natural resources to technology our fundamental strengths lie in innovative investment solutions combined with robust execution capabilities. At Strathclyde Associates we pride ourselves with comprehending each individual client’s unique financial needs and preferences.
Owing to the depth and quality of our understanding we construct long term relationships with our clients with a core focus on value creation and an ultimate commitment to helping our clients build and manage their wealth.
This specialized focus, an enviable reputation for quality and integrity and of course strong relationships nurtured with investors have made Strathclyde Associates a worldwide leader in wealth management.
Strathclyde Associates Services: Equity. At Strathclyde Associates Equities we pride ourselves on the knowledge that our Equity Departments are a worldwide leader in the careful planning of investment strategies and capital raising functions in both the private and public equity markets.
Fixed Income. Strathclyde Associates Fixed Income is a global player in ensuring that interest rate currency swaps, debt securities and other derivative products are carefully integrated into our portfolio programs in a manner that accommodates investor preferences and objectives in the ever changing, constantly evolving debt markets.
Foreign Exchange. The Foreign Exchange Market is a 24-hour market and as such Strathclyde Associates provides its clients with a truly round the clock service of spot, forward futures and options trading in all the Forex markets of the world.??Commodities??Risk Management strategies are one of the growing sectors in the market today and as such Strathclyde Associates Commodities now competes in the commodities and derivatives markets providing services in markets which include metals, energy, oil and gas trading to name but a few.
Mergers and Acquisitions. At Strathclyde Associates Mergers and Acquisitions (M&A) department our primary focus is in: Mergers , Joint ventures , Corporate Restructurings , Divestitures , Recapitalizations, Spin-offs , Exchange Offers , Leveraged Buyouts , Shareholder Relations and takeover defenses
Global Capital Markets. Through our Global Capital Markets Departments we can accommodate clients' needs for capital. For instance in the situation of an IPO, a leveraged buyout or a debt offering our global capital markets professionals combine Investment Banking and sales and trading functions to guarantee clients innovative solutions based on sophisticated advice. If necessary our professionals can develop, structure and execute public & private placement of equities, debt and related products. As a major force in the market we offer every assistance to clients to attain the greatest value from each and every stage of a transaction. Thus it is our responsibility to constantly develop capital market solutions to enable clients to rise above whatever the market may throw at them.
Strathclyde Associates is a full service brokerage firm with many years experience in providing a wide array of services globally to a vast group of clients that include private individuals, financial institutions, governments and corporations.

Strathclyde Associates Market Outlook December 2009

Whilst the death knell for the US Dollar has been sounded often in recent years, it weakness has still not alarmed investors...yet!
The dollar has declined 15% against a raft of six major currencies from the highs set in March and is down more than 37% from a peak in 2001. Analysts are of the opinion that another sharp drop in the dollar – or a spike in volatility due to bad news – could heighten foreigners concerns about US stocks, and that could create a confidence crisis that spurs calls for re-examining the currency regime.
The Tipping Point is strongly believed to be a move to $1.60 by the euro, the dollar’s record against the single currency. “If we breach $1.60, I think that’s too far, too fast and could cause concern about a dollar demise”, said BNY Mellon’s senior currency strategist in New York.
The $1.60 is considered to be the maximum exchange rate in which central banks will tolerate weakness in the dollar. Beyond that, we can expect some form of intervention, verbal or otherwise, to support the US currency. For now, a weak dollar is viewed as desirable for boosting exports for the ailing US economy, even though the Administration stresses its preference for a strong dollar.
But the weak dollar, along with the China’s management of its own currency, has other nations, particularly in Europe, concerned. Volatility indicators suggest that the swiftness of the US currency’s fall, coupled with the dollars current level, is raising fears of further dollar weakness, leading to a more tumultuous trading environment.
Which leads one to ask, “Is this the best time to buy stocks??” The answer is resounding “Yes!”
A raft of Market experts and Financial advisors are buoyant about investing now because a range of familiar quoted companies’ stock prices are still trading at attractive levels. Many believe that a combination sell-off’s and consolidations have created some of the best buying opportunities for many months.
Analysts suggest that the window is wide open to buy growth stocks, ahead of the inevitable economic turnaround, at enticingly bargain prices.
Even during the market’s more tumultuous times and difficult days, buy-out news and other short term forces can send individual stocks up by 10%, 25% and even above 50%.
In fact, one or our exciting success stories involved the stock, Human Genome Sciences, Inc. (sticker symbol HGSI). Our recommendation to our clients was to buy when the stock was bobbling around the $3/$3.30 mark and HOLD.
As the result of an announcement, the stock went from $3.32 (July 17th) to $13.84 (July 21st)! It slowly climbed to $18.69 by mid-Oct. and then surged to $28 in early November. Some of our risk adverse clients took an early profit in late July, many others rode the wave $17 or $18, a few stalwarts stays on board until the $25 mark.
Naturally, the trick is not only to find these stocks and but also to seize the opportunity when it is offered. We are always willing to make stock recommendations and offer advice on timing, however, we do feel that it is important for our clients to do their own research too.
As 2009 winds to a close, we can bid good riddance to a decade in Wall Street that will be remembered for two burst financial bubbles and a rogue’s gallery scoundrels who rewarded themselves well and delivered by little.
Wall Street experts and company chiefs behaved in an appallingly arrogant manner for much of the era – their bad attitude towards investors and the sanctity of the markets leading, inevitably, to their fall.
There is no doubt that more than a few of them knew exactly what they were doing to us. With this profitless dotcom, their fraudulent shell companies (Enron and WorldCom!), the over-inflated salaries... not to mention the ‘geniuses’ who engineered the credit crunch by repackaging dubious home-loans as mortgage-backed securities... and the men who ran the banks that were ‘too big to’ to fail and met the crisis with a “What, me worry?!” attitude.
None of us need to ponder deeply before coming up with our own Wall Street ‘horror’ story.
The decade kicked off at the most boisterous phase of the tech bubble, with the NASDAQ reaching a dizzy peak of 5,132. A decade later, it still languishes some 3,000 points below its peak. The Dow Jones and S&P’s 500 Index are ‘only’ down 10% to 20% for the decade.
If there’s a silver lining to this Wall Street debacle, it’s the decade that the decade offered a lesson in how brutal the American markets can be!
In this post-Madoff, post-Lehman brothers environment, more and more investors are looking to Europe – and the European markets – which have traditionally provided solid investor protection.
As this demand for transparency, a higher regulatory standard and strict rules on liquidity and risk management soars, the European market, buoyed by the strength of the Euro, promises to be THE market for a long time to come.
The demands on company’s directors are greater than in other jurisdictions. The regulator wants to see full background checks, and by law, directors must be able to demonstrate good supervision and governance through a wide range of reporting.
“Investors from as far a field as Singapore and Hong Kong are being attracted to Europe in their quest for liquidity and transparent oversight” said a Guernsey-based asset manager, “in fact, it is probable that that many offshore investors will move onshore to Europe over the next five years.”

Strathclyde Associates is a full service brokerage firm with many years experience in providing a wide array of services globally to a vast group of clients that include private individuals, financial institutions, governments and corporations.