Is gold’s glitter gone?
The smart money seems to be dumping gold according to a recent report in Bloomberg News. Hedge fund managers are systematically reducing their positions in theprecious metal – simply put they are taking profits. According to Bloomberg, manager’s have reduced the number of long positions by over 9 percent for the week ended January 11, […]
The shoe continues to drop…
Insider trading is all the rage, or at least most of the news, in the hedge fund industry these days. More than a year into this mess, the flames of the scandal continue to burn bright. Regardless of what happens with asset flows, performance or new fund launches, all people seem to care about is […]