Given that George Soros, arguably the most successful hedge fund manger ever, is turning his hedge fund into a family office are others about to follow his lead?
Given that George Soros, arguably the most successful hedge fund manger ever, is turning his hedge fund into a family office are others about to follow his lead?
Many business leaders and recruiters understand the importance of appraising a person’s emotional quotient (EQ) as well as their intelligence quotient (IQ).
Many business leaders and recruiters understand the importance of appraising a person’s emotional quotient (EQ) as well as their intelligence quotient (IQ). This distinction can also be a useful way of appraising your asset manager. What is more important in today’s turbulent markets: high IQ or EQ?
It pays to be sceptical about economists. They’ve consistently failed to predict when investment bubbles will burst. Their simple indicators don’t capture the complexity of what is going on.
Executive Order 6102, issued by the US Government on April 5th 1933 should send a shiver down the spine of today’s diversified investor. It demanded, with few exceptions, that “all persons are required to deliver all gold, gold bullion and gold certificates now owned by them to a Federal Reserve Bank”. Criminal penalties for violation included a “$10,000 fine or 10 years imprisonment or both”.
Austerity is on the minds of most Europeans. Cuts to government expenditure, banks reluctant to lend and consumers facing rising prices are pinning back growth prospects in all but a few economies across the European Union.
Everyone agrees that investments made directly into private companies are inherently risky, and that serious monitoring is required to manage that risk properly, writes Christian Mustad.
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