The one instance where politics and money don’t mix

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 [...]

Reuters: Your money is no(w) good here

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
 
Reuters
Subscription required
 
 
More news from the Reuters Summit:
 
After years of being told “no,” investors may finally [...]

Outflow Update – HNWs on the way out – N.A. Institutions Hanging Tough

From today’s FT.
 
HNW continue to flee hedge funds leaving an industry that is “more North American and more institutional.”
 
Selected excerpts:
 
“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 [...]

Hedge Fund Asset Prognosticators Sound Off

Morgan Stanley offers its forecast on the hedge fund AUM trajectory.  From Hedgeworld.   
 
 

Hedge Fund Assets Seen Down 37% in ‘09: Analyst

 

By Reuters

 

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 [...]