The American’s are coming, the American’s are coming
Last week, the European Securities and Markets Authority (ESMA) told the EU’s executive European Commission that asset managers based outside the EU should get a “passport” to continue offering services to investors across Europe. This new directive replaces a country-by-country private placement authorization system that has been in place for some time. Read the story […]
Hedge Funds Are Not Dead
This just in: The hedge fund industry is still alive. That’s right, folks, according to recent reports in a number of solid news outlets, not all institutional investors have decided to redeem their allocations to these alpha generators. In fact, some institutional investors are increasing allocations. And while performance is not great, the rumors of […]