As Bloomberg warned in early December as BlueCrest Capital Management stated it would no longer oversee money for outsiders, one thing founder Michael Platt didn’t mention was that clients had already pulled billions of dollars this year............and now Jim Cramer has joined the club. It's been a rough environment for hedge funds and end of year is do or die. Winners few and far between it seems and they want their money now.
Read More, Comment and Share......
Omega Advisors Founder, CEO and Chairman Leon Cooperman discusses his outlook for the markets. Of course he was short on time so we have no idea if he's short bonds but that would be my guess. Hat tip Sadiq for this interview.
Read More, Comment and Share......
You can't use this site and its products or services without agreeing to the terms and conditions and privacy policy.
We welcome you to post a blog entry, oped or share your daily reading with us as long as it is relevant to the topic of investing and not an attempt to sell a product, proprietary strategy, platform or other service. Please provide links to any research data and if re-posting other articles, give credit where credit is due providing a back link to the original site.
300 words minimum per post. You may also sort by category or search by topic. Don't forget to comment and please "share" via Facebook, Twitter and Google+. If you have any questions, please contact us.
__________________
