For hedge fund manager John Paulson, gold was a bright spot in an otherwise dreary stretch of bad performance in previous years. This year, however, the reverse has held true. While his main funds...
In the hedge fund industry, if you're really huge in terms of assets under management, you can still make tons of money even if you lag the market.
I've thoroughly enjoyed the New York Times ' recent series on Women in Wall Street, which offered a host of thoughtful articles on a pressing issue. The conventional wisdom, as made clear from by these articles, is that the industry, from big banks to hedge funds and beyond, would be better off if women were running the show.
Investors are falling out of favor with Black Swan funds, perhaps convinced that a massive correction is not in the cards.
The alternative investment industry would malfunction if it were suddenly forbidden to domicile funds in countries that we think of as tax havens. The tax benefits available to clients and funds are tremendous, and the industry would be hard pressed to do without them.
In the end, neither the government nor the private mortgage market could finish off the big housing GSEs of Fannie Mae and Freddie Mac.
There once was a day when the building at the corner of Wall Street and Broad Street in lower Manhattan symbolized all the glory and passion of American capitalism. The building still serves as an apt symbol, but people acknowledge the "real" exchange is located at its powerful data center out in New Jersey.
The conventional wisdom holds that as employers go, hedge funds are not for the faint of heart. These firms attract some very competitive people, for whom winning is of paramount concern. You should watch your back at every turn, and be prepared to play hardball when you have to.
In the days following Steven Cohen's historic $616 million settlement with the SEC over insider trading charges, the founder of SAC Capital was right back in the news for some very conspicuous consumption.
It's been a decent year so far for hedge funds on average, but it's been a stellar year for the main stock indexes. While hedge funds on average rose 3 percent in the first quarter, S&P...