Another year older, a new one about to begin…
As 2013 draws to close, the print and broadcast media are filled with stories of what was this year and what will be in 2014. It is clear that 2013 was tough for the global economy, stock market performance notwithstanding, and the investment management industry. The news of the year was a big mix of good and bad stories from around the globe. And while we all continue to think how the tapering will affect the economy and the actions of a post-Bernanke Federal Reserve, there is quite a lot of work to be done to prepare for the New Year. Managers need to look back and dissect what worked […]
Does one bad apple ruin the bushel?
Fear not, the news of the plea deal between SAC Capital and the Justice Department doesn’t mark the end of the hedge fund industry, but rather the beginning. As we enter the final weeks of the year, the hedge fund industry is ready for a resurgence. The numbers continue to be strong across multiple strategies and investors continue to look for places to allocate assets. There is a real buzz around midtown Manhattan among those looking to start new funds, roll out new products and enter new markets. Both new and existing managers seem to be getting into the game – a good sign for the industry and investors. The […]