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The conventional wisdom at the moment is that long-short funds are in heavy demand. According to Morningstar, about 90 money management firms offer more than 200 products applying a 130/30 or... Read more...
There was once a day when advisors used to give clients a lame risk tolerance questionnaire. The industry has certainly changed. Now advisory firms are adding psychologists to their staffs, to help... Read more...
There have been numerous reports, mainly out of Japan, that Citigroup intends to list on the Tokyo Stock Exchange. This makes a lot of sense. For one thing, it is trying to Read more...
Consumer banking in recent years has been all about bricks as well as clicks. Banks seemed to be in a branch building frenzy. Which raised a... Read more...
The Securities and Exchange Commission seems to be on the defensive when it comes to hedge fund oversight. On the one hand, recent court decisions have slapped it hard for its previous efforts. On... Read more...
Just about as soon as news hit that the SEC was looking into the third-party firm kickbacks, the cries for independent boards resurfaced with a vengeance. Recall that fund activists had used... Read more...