Hennessee Group recommends funds that focus on sectors or macro themes.
Funds are linking fees to lockups, and placing management fees into escrow.
Hedge Fund seeders have $1 Billion on hand and expect to quadruple that by next year.
Bloomberg:The Avenue closed-end fund will invest at least 80 percent in leveraged loans, unsecured high-yield debt and structured products such as collateralized debt obligations, the firm said in the prospectus.
Gains due to investment performance and increase allocations.
"I'd be very surprised if there were more than 1% of people who were actually kicked out of their homes who were actually current on their payments"
Read more: http://www.businessinsider.com/hedge-fund-manager-whitney-tilson-explains-foreclosure-gate-in-one-sentence-2010-10#ixzz12oiOwL7i
Regressions on Berkshire Hathaway returns by decade show style drift.
Manager have had a hard time picking stocks this year.
Check out this chart for an illustration of equity correlation.
From PewnLike many other pension funds desperate for higher returns, the $63.5 billon North Carolina Retirement Systems, Raleigh, is significantly reducing its equity allocation and clearing the way to put up to an additional 9% of plan assets into alternative assets.