In his latest letter to investors, OakTree Capital's Howard Marks goes political (slamming Trump's tariffs and Bernie's minimum wage machinations), shedding some blinding light on the economic reality of America, the dismal failure (and...Show More Summary
Commission approves a $22 million loan and grant package to help hedge fund upgrade its offices
Bill Gross is not feeling hedge fund fees.
Summer is here, and that means a flock of eager students are about to start an internship on Wall Street. Most have been though the usual drill: networking with alumni, impressing recruiters at info sessions and career fairs, and trying...Show More Summary
Links to the best reading in funds investing: Investors like bank stock exchange-traded funds again — Chris Dieterich, Barron’s Why is it that hedge fund managers think the same way these days? Perhaps because what used to be the domain of free-thinking outsiders now is a bundle of similarly educated people with similar tastes — […]
Wall Street makes it easy for people to hate it. Here is some recent news about Big Banks, hedge funds and CEO pay that shows why people get outraged.
Facebook is hedge funds' new tech darling; Yes, there is a company named Big Ass Solutions; Meet Britain's hidden community of men who role-play as dogs; and more.
Tony James thinks y'all are getting screwed.
Banks have been pulling back from lending to energy companies. Hedge funds and buyout firms have been stepping in to the void. The oil price is down more than 50% since mid-2014, and banks are less eager to lend to struggling oil companies. Show More Summary
It's easy to think that the stock market is the playground of hedge funds and day traders, but in reality most of the stock market is owned by the average joe. In fact, the largest chunk is doing one thing: helping people retire. InShow More Summary
Back in December the topic of insider trading by prominent members of Congress hit new highs when as we reported at the time a "Prominent Tennessee Senator Fails To Disclose Millions In Hedge Fund, Real Estate Investments." The politician...Show More Summary
The 3 (or 4) day weekend is getting closer. But until then, you have the finest morning train reads to keep you informed: • An Industry Is Falling Out of Love With Hedge Funds (Bloomberg) • Are You Saving Enough To Retire? Here’s A Better...Show More Summary