How Pension Placement Agent Exploited Political Ties (Update1) – Bloomberg.com.
May 18, 2009
Kudos to Bloomberg to an excellent review of where we are with the placement agent model and the use of the politically connected to make introductions.
- Apparently the well-connected politically – democrats mostly – have spent their time in the wilderness riding the alternative [...]
Doing a round of spring cleaning and came across some blog posts that I had saved to publish later. If they are relevant then I will post. This one is, so I will.
Reuters Summit: New Opportunity for Would-Be Hedge Fund Investors
More news from the Reuters Summit:
After years of being told “no,” investors may finally [...]
From today’s FT.
HNW continue to flee hedge funds leaving an industry that is “more North American and more institutional.”
“Rich Europeans, who were the first to invest in hedge funds and once comprised the majority of investors, have been the first to exit in the downturn, according to a study out Monday.
High net worth individuals [...]
Morgan Stanley offers its forecast on the hedge fund AUM trajectory. From Hedgeworld.
Hedge Fund Assets Seen Down 37% in ‘09: Analyst
Monday, January 26, 2009
NEW YORK (Reuters)—Tough times may not be over for a hedge fund business that suffered big losses and saw total assets shrink by about a third last year, a leading analyst [...]