The Takeaway: Hedgies now offering expert performance chasing

Portfolio

Are we in a bubble? Let’s ask Russell!  (iShares)

Michael Santoli: Of all the things to be worried about, the Fed is the least of your problems.  (Unexpected Returns)

Stop worrying about volume and other things that haven’t mattered.  (MarketWatch)

The Biz

ETFs hit the $1.5 trillion AUM mark this week. That was easy!  (Index Universe)

Advisers attend open forum and speak their minds out loud. Fines and sanctions will, presumably, be forthcoming.  (Advisor One)

This is what your 2-and-20 gets you in all those “alternatives” buckets you’ve been filling – expert performance-chasing.  (Barron’s)

Jason Kephart: Where are the fund shareholders’ yachts. LOL.  (Investment News)

Also, this: “That’s just how it works. If I want to be successful in this industry, I’m going to want to destroy five guys.” Nice!  (Bloomberg)

Outliers

So this is still happening…  (Buzzfeed)

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Disclaimer: Joshua Brown is an investment advisor representative with Fusion Analytics. The content above is for informational purposes only, nothing here should ever be construed as investment advice or a solicitation to trade any securities. Mr. Brown or his firm may be long or short securities mentioned above for client or personal accounts at any time.

Related Topics: Hedge Funds