It is the fees, stupid
While I am supposed to be writing about hedge funds and the fact that Operations for Alternatives is next week, I need to focus on something that is really bothering me: The so-called convenience fees and add-on fees that come with making purchases these days.They are just ridiculous. I am sick and tired of the […]
Another year older, a new one about to begin…
As 2013 draws to close, the print and broadcast media are filled with stories of what was this year and what will be in 2014. It is clear that 2013 was tough for the global economy, stock market performance notwithstanding, and the investment management industry. The news of the year was a big mix of […]
Does one bad apple ruin the bushel?
Fear not, the news of the plea deal between SAC Capital and the Justice Department doesn’t mark the end of the hedge fund industry, but rather the beginning. As we enter the final weeks of the year, the hedge fund industry is ready for a resurgence. The numbers continue to be strong across multiple strategies […]
Two words: Accountability. Responsibility.
This week’s post has little if anything to do with the world of hedge funds. I apologize to those who were looking forward to commentary on the news of the industry. I’m digressing into the world of politics and sports, both worthy of commentary. Next week, I’ll come back to hedge funds and investment management. […]
All worked up for nothing…
Over the last year-and-a-half, maybe more, the threat of the enactment of the JOBs Act has had advertising sales folks licking their lips in anticipation of dollars from hedge funds. Well, the law went into effect and guess what? Nothing happened. The billboards in Times Square are still focused on coffee, booze and clothes and […]
Readers, beware:
The hedge fund industry welcomed the news from Washington that the SEC had voted to lift the ban on general solicitations. While the jury is still out on how this will affect the industry and investors, it clear that many service providers – not just lawyers — are chomping at the bit to get their […]
What a bunch of nonsense…
Black Friday, Cyber Monday, Twofer Tuesdays, Wacky Wednesdays and Thirsty Thursdays. What a bunch of nonsense! Things are in a sorry state when the lead story on the news is how much more crap was sold this year than last and how buying stuff is going to stave off the double-dip recession, increase employment and […]