Smart Money

PUBLISHED : Monday, 06 June, 2011, 12:00am
UPDATED : Monday, 06 June, 2011, 12:00am


Some helpful investing resources:

The website is a trove of data, but it is best known for its information about mutual funds. It can rank, for example, the top global bond funds according to their returns, or it can screen for exchange- traded funds that meet certain performance or expense ratio criteria.

The site has top-notch portfolio tools and a barrage of reports and data. It is best used to research funds so investors can get a clear view of which offer the best value in terms of fees and returns.

Liar's Poker

This book is a cherished read among investment bankers, even though its portrayal of their world is uniformly unflattering. Written by Michael Lewis, the book tracks his days as a bond salesman at Salomon Brothers during the 1980s.

Lewis was at Salomon when the bank first started packaging securitised mortgages into bonds. That innovation paved the way for the 2008-09 financial crisis. For anyone who wants a flavour of the oft-predatory relationship between bank and investor, one need only read Lewis' account of unloading money-losing bonds onto his client, Herman the German.

The markets blog of The Wall Street Journal is very US-centric. However, it carries global commentary that would be relevant to Asian investors.

It's more helpful in referring to the news stories and economic data that professional investors would track, creating a kind of guide for Asian investors in terms of what events are important to markets.