Be Ready for Performance Claims

Investors, be alert for the fact that things will look very different for fund performance once we close 2013. By December of this year, five-year calculations of fund performance will drop off the impact of 2008. We should expect that trailing fund results will suddenly look quite a bit better than they have for some […]

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Here Come the Hedgies!

If you have not already read this in the press, be forewarned that the SEC lifted an 80-year-old ban and will now allow hedge fund to solicit funds not only from sophisticated investors, but from any who meet a minimum standard of $1 million in net worth or annual income of $200,000. There is a […]

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Third Quarter and Year-to-Date Markets Review

The stock markets were resilient through the first three quarters of the year, despite multiple headwinds: the possibility of rising interest rates, challenges for Europe and emerging markets, renewed conflict in Washington, and some concern about corporate profits. As noted earlier in the year, despite some increased volatility, if an investor’s portfolio was balanced between […]

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