Investors Are Flocking to Hedge Funds Despite ‘Underperformance’
Investors are pouring more money than ever into hedge funds despite considerable headwinds. What's going on? A few things.
The Message of a $549,000 Watch
A suggestion: some folks might want to make some of their conspicuous consumption a little less conspicuous.
Freakonomics’ Levitt Addresses Reinhart-Rogoff Mistake at Envestnet Summit
Steven Levitt said of the mistake in the widely cited work, “I’m incredibly suspicious of academics in policy decision-making.”
International Market Drops Take Toll on IPOs
Western stock markets aren’t the only ones suffering from eurozone malaise. Asia's IPO capital, Hong Kong, just saw the fourth major withdrawal from Asian markets in a week.
Echo Boomers Make Big Economic Impact: IBISWorld Report
While not as large a demographic as their baby boomer parents, echo boomers are proving to be a powerful customer base, according to a new IBISWorld research report.
Top 10 Favorite Super Bowl Numbers
Behind the Super Bowl are myriad facts that help tell the story of the game, from the teams that play to the food scarfed down by fans to the value of the trophy that every team covets.
Reading the December issue of Vanity Fair, I came across a curious find.
Spreading Word on Spread of Alternatives: Schwab Impact Roundtable
A roundtable discussion moderated by AdvisorOne’s Jamie Green at the Schwab Impact 2011 conference in San Francisco on Wednesday tackled the increasing use of alternative investments by advisors and clients.
Chinese Jewelry Retailer Names Seven Banks to Aid IPO
Chow Tai Fook, a decades-old Chinese jewelry retailer with 1,400 stores, has hired seven banks to underwrite its forthcoming IPO in Hong Kong,it was reported late Monday. The main underwriters are to be Deutsche Bank, Goldman Sachs Group, HSBC Holdings and JPMorgan Chase.
Soapbox: Algorithms vs. Arithmetic
There are security analysts and financial advisors who have no fear about taking positions in derivatives based on arcane algorithms. But for some reason, these...