EUROPE’S ENERGY CRISIS IS KEEPING ENERGY PRICES HIGH
America leads the world in oil and gas production. We believe midstream energy infrastructure offers predictable cash flows to investors.
The Hedge Fund Mirage, #1 on Amazon UK's Professional Investments and Securities Bestseller List
http://www.amazon.co.uk/gp/bestsellers/books/268194/ref=pd_zg_hrsr_b_1_4_last
AIMA Defends Hedge Funds
The overall investment experience for hedge fund investors has been so abysmal that most industry professionals are sensibly keeping their heads down. There are great hedge funds to be sure, and happy clients, but the data shows indisputably that these are not the norm. Hedge fund managers themselves of course aren’t responsible for the industry, […]
The Economist Weighs in on The Hedge Fund Mirage
http://www.economist.com/node/21542452
Hungary Takes Us Back to the Future
Those of us who traded Foreign Exchange in the early 90s will have noticed something familiar today. A country is attempting to fend of a speculative attack on its currency by raising interest rates. Hungary, on the edge of the Euro-zone and its current recession, is expecting barely positive GDP growth this year of 0.5% […]
Operation Twist Claims a Victim
Morningstar reported through the Wall Street Journal that PIMCO’s $244BN Total Return Fund (PTRRX) suffered the first outflow on its history last year. $5BN left the fund in 2011 including $1.4BN in December as investors soured on PIMCO’s mis-timed trades in U.S. government bonds. Bill Gross hasn’t achieved what he has by accident, and no […]