Over the past decade, as interest rates have essentially been pegged near zero, income-hungry investors have been attracted to higher-yielding equity classes such as: Master Limited Partnerships, Business Development Companies, and Real Estate Investment Trusts. One class of REITs in […]
Less than a week after India’s surprise move to scrap its highest denomination cash notes, another front in the War on Cash has intensified down under in Australia. Yesterday, banking giant UBS proposed that eliminating Australia’s $100 and $50 bills […]
Apple always surprises its customers with innovative designs and features, but there is big suspense over next year’s iPhone (possibly the iPhone 8). KGI Securities analyst Ming-Chi Kuo, who usually makes accurate predictions about Apple’s devices, has again made predictions […]
Top quartile private capital funds have lower average management fees, but higher carried interest and hurdle rates Also see Q3 2016 hedge fund letters Q2 2016 hedge fund letters Preqin’s 2016 Private Capital Fund Terms Advisor finds that top […]
Hedge funds’ shrinking returns and escalating investor demands. Downward pressure on fees and unrelenting requirements to have robust operating models. This year, competing forces came together to culminate in the perfect storm. In a year marked by lackluster performance and […]
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Jeffrey Gundlach was the only prominent financial professional to predict Donald Trump’s victory. Yesterday, he revealed how he made that call. Gundlach is the founder and chief investment officer of Los Angeles-based DoubleLine Capital. He spoke to investors via a […]