The United States Securities and Exchange Commission (SEC), having closed-out its fiscal year on September 30, has taken a moment from its pressing schedule to publish the results of its 2016 enforcement efforts. To summarize, SEC enforcement actions achieved the...
The hedge fund industry receives a tremendous amount of negative coverage in the mainstream media. This is further exacerbated by political candidates, on both sides of the aisle, who have characterized the federal tax paid by hedge fund professionals to be lower than...
Anyone scanning the financial headlines might reasonably conclude that the hedge fund industry is hemorrhaging assets like a gut-shot hemophiliac. While true that net asset flows are in the negative for the first time in the years following the financial crisis, these...
History is replete with examples of politicians, nations, industries, athletes and professionals of all stripes who have shot themselves in the foot. Gary Johnson, the current Libertarian presidential candidate, is a recent example from the political camp. The hedge...
The volume of recently published hyperbole regarding hedge fund asset flows might lead one to believe that the demise of the hedge fund industry is imminent. However, the chart below suggests just the opposite. It reveals a positive trend line with respect to the...