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? […]
そしてヒットが続く
The hedge fund industry has clearly taken a number of shots this week and last. The news of the insider trading suit at Omega and that Perry Capital is winding down has left many folks scratching their heads wondering what is next. A lot, perhaps. In a recent interview with Bloomberg Surveillance, “hedge fund legend” Julian Robertson said that the industry is currently facing the worst period he has ever seen. Robertson, who started Tiger Management in 1980, said that right now it is difficult to be either a hedge fund investor or a manager. Click here to see the clip and read the article. Remember, it is always darkest […]