ここはもうカンザスではない
This just in: Investors demand performance! This headline has been crashing the tape over the last few weeks as investor after investor seems to be complaining that they want their money managers to deliver actual good results, to stop just charging fees and to start delivering returns. I am shocked, shocked I say, to learn that investors are actually seeking a return on their investment. I mean, really, what nerve! The truth is, ladies and gentlemen, investors should seek a return on their investment and if the manager does not deliver — well, in the words of Mr. Trump: Mr. Manager, you’re fired. I mean, this is pretty basic isn’t? […]
オフェンスとディフェンス
The nation is settling into quite an interesting election season now that we’ve passed Labor Day. The candidates are gearing up for a series of debates as they battle for the highest office in the land. And while the country waits with baited breath to hear what will come out of Mr. Trump’s mouth and what new scandal will hit Secretary Clinton, one thing is for sure: significant uncertainty in the markets and the hedge fund industry. It seems — from a quite unscientific poll I conducted over the last few weeks — that some managers are having a hard time navigating the markets and have a very hard time […]