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So is now the time to jump into distressed mortgage securities? A lot of funds thinks so, but some may have jumped a bit early. Fortress Investment Group has been lumped into the "a bit early"... Read more...
Nobel prizes have been won in pursuit of the simple fact that diversification is a good idea. But there are times when it seems like an awful idea. For big pensions, now may be one of those times.... Read more...
There's been a lot of bad news for hedge funds as of late. More continue to shut down. Lawmakers seem bent on more regulation. And investors are getting even more antsy. The threat of redemptions... Read more...
It's no secret that hedge funds both large and small are having a rough year. Is the pain about to spread to retail customers? Business Week certainly thinks so. "In the coming months, hundreds of... Read more...
The news is uniformly bad for many hedge funds right now. Sure, there are exceptions, like John Paulson's fund, which has been on a tear. But for most, the combination of short selling restrictions,... Read more...
We may be witnessing a historic shift in the prime brokerage industry. Morgan Stanley's prime brokerage operation has certainly been hit hard. The bank reportedly Read more...
Conventional wisdom holds that the era of big leverage has ended. For Morgan Stanley and Goldman Sachs--the lone survivors--the world ended with them becoming commercial banks. That means an end to... Read more...
Hedge funds are still thriving overall, but the game has changed, we've noted. Which raises the question: Are funds getting more conservative in the face of heightened risks? The New York Post... Read more...
The KKR move to become a publicly traded company throws the spotlight once again on alternative investment companies and the public markets. We may see more private equity companies try to somehow... Read more...
KBW has put a value on Merrill Lynch's 49 percent stake in asset manager BlackRock: $30 to $35 billion, reports MarketWatch. This qualifies as a crown jewel in the Merrill portfolio of assets. If it... Read more...