Posts filed under “Hedge Funds”

Analyzing Dips in the S&P’s Path

Bloomberg’s Michael Regan reports on stock market fluctuations and what they mean for investors.


Source: Bloomberg, Sept. 25 2014

Category: Federal Reserve, Hedge Funds, Technical Analysis, Video

Moral Hazard and the LTCM Bailout

Today is an auspicious anniversary, though it’s one I suspect many people may not recall. On Sept. 23, 1998, former Federal Reserve Chairman Alan Greenspan and William McDonough, then president of the Federal Reserve Bank of New York, managed to orchestrate the rescue of the hedge fund Long Term Capital Management. It was a strange…Read More

Category: Credit, Hedge Funds, Really, really bad calls

Why Hedge?

The news last Monday was a shock — the Calpers California earthquake. For a variety of reasons, the California Public Employee’s Retirement System, the nation’s largest public-pension fund, said it was dropping hedge funds from its roster of investment allocations. This tremor will be felt far and wide. We are unlikely to know the full…Read More

Category: Asset Allocation, Hedge Funds, Investing

CalPERS to Hedge Funds: Buh-Bye

This was the big news yesterday out of California: The California Public Employees’ Retirement System (Calpers) today announced that it will eliminate its hedge fund program, known internally as the Absolute Return Strategies (ARS) program, as part of an ongoing effort to reduce complexity and costs in its investment program. The staff recommendation, supported by…Read More

Category: Hedge Funds, Investing, Really, really bad calls

Quantifying the impact of chasing fund performance

 

Category: Hedge Funds, Investing, Think Tank

MiB: Jim Chanos, Kynikos Associates

This week’s Masters in Business Radio show is on at 10:00 am and 6:00 pm on Bloomberg Radio 1130AM and Siriux XM 119. Our guest is famed short seller and hedge fund manager Jim Chanos. You can listen to live here. All of the past Podcasts are here and at Soundcloud and coming soon to…Read More

Category: Hedge Funds, Media, Philosophy, Podcast, Short Selling

Welcome to the Muppet Economy

Slipping back into my regular routine is sometimes a challenge after a few days of traveling. The first day back in the markets — especially following a week like we had to end July and begin August — can be a bit of an adjustment. A few days away allows the accumulation of jaded skepticism…Read More

Category: Hedge Funds, Investing, Really, really bad calls

Well Hedged Predictions

click for original cartoon Source: Medium:

Category: Hedge Funds, Humor, Really, really bad calls, UnGuru

Tales of the Death of Hedge Funds Have Been Greatly Exaggerated

During the past few months, we have posted a few words here on the quandary that is hedge funds. One such effort was titled “The Hedge-Fund Manager Dilemma,” and it explored the public’s fascination with the hedge-fund crowd. The next, “Why Investors Love Hedge Funds,” looked at why, despite stunning underperformance during the past decade,…Read More

Category: Hedge Funds, Investing, Psychology

The Transition From Alpha to Beta

click for larger chart Source: Pension Partners   Hedge-fund assets recently eclipsed $3 trillion. One of the more popular strategies for hedge funds has been the long/short equity fund. Charlie Bilello, director of research at Pension Partners and the source of our chart today, writes:  Continues here

Category: Hedge Funds, Investing