Jeff Benjamin

Investment Insights: The Blogblog

Jeff Benjamin breaks down the game for advisers and clients.

Hedge fund investors see the downside of relative performance

Plus, investment banker bonus week is here, building your own mutual fund, clean energy stocks, smart folks want a higher minimum wage, and getting the most out of Siri.

Jan 14, 2014 @ 7:42 am

By Jeff Benjamin

    In a year that saw the S&P 500 gain more than 32%, no one should be surprised that noncorrelated strategies would lose some investor appeal. But when hedge fund investors start fleeing because they don't like the relative performance comparison, it begs the question of whether these investors should still be described as the “smart money.”

  • Hedge fund investors raced to the exits in December. Disappointed by poor relative performance

    What might look to some like a sequel to "The Wolf of Wall Street" this week is actually the start of bonus season for investment bankers. For those folks looking for another reason to be critical of capitalism, avert your eyes, because even though the checks might be down from prior years, they are still averaging between four and eight times the U.S. median household income.

  • Here come the investment banker bonus checks Goldman Sachs average bonus: $427,000

  • Building your own '40 Act mutual fund. Simple in theory

  • A few examples of high-flying clean energy stocks. Rallying above the moving averages

  • A bunch of Nobel laureates think the federal minimum wage should be higher. Indexed to inflation

  • Getting the most out of Siri on iPhones and iPads. Call me 'your majesty'

0
Comments

What do you think?

View comments

Recommended for you

Featured video

Events

Pershing's Crowley: The case for business transformation

Your practice is changing rapidly. What worked five years ago might not work for the next five years. Pershing's Jim Crowley has some solutions as your business evolves.

Video Spotlight

Will It Last As Long As Your Clients Do?

Sponsored by Prudential

Video Spotlight

The Catalyst

Sponsored by Pershing

Latest news & opinion

10 funds with largest 3-year outflows

Even well-managed funds that have beaten the S&P 500’s 10.1% average annual gain have watched investors flee.

Wirehouse training programs are back

At one time, major brokerage houses ran large, expensive training programs for thousands of young brokers, and now it looks as if they are about to return to that model.

New military pension rules need financial advisers to step up and serve

Matching defined contribution plan expected to see more money, more need for sound advice.

Brian Block's $4 million bonus was tied to a key metric at ARCP

Prosecution rests case in fraud trial against CFO of American Realty Capital Properties.

Edward Jones is winning the Google search war

Brokerage firm's digital marketing investment helps land it at the top of local and overall search engine results, report finds.

X

Subscribe and Save 60%

Premium Access
Print + Digital

Learn more
Subscribe to Print