Inside Harvard’s Radical Plan to Reverse a Decade of Poor Returns

Inside Harvard’s Radical Plan to Reverse a Decade of Poor Returns
From the Wall Street Journal: Harvard’s endowment is preparing to close its hallmark internal hedge funds and invest nearly all its money with outside money managers. The dramatic steps are just the beginning of an overhaul engineered by its new chief executive as he attempts to reverse a streak of lackluster returns. Early on Jan. 25, staffers at Harvard University’s endowment... Read More

Ed Thorp: the man who beat the casinos, then the markets

Ed Thorp: the man who beat the casinos, then the markets
From the Financial Times: John Authers talks to the ‘godfather’ of investing about Madoff, moneymaking and madcap inventions  Lunch with the FT As far as Ed Thorp is concerned, Wall Street is no better than a casino — not because it is a gamble, but because it is fixed. “The invisible hand has become the invisible middle finger. It’s a... Read More

Alternative Investment Allocations Should Increase In 2017 Across The Board Due To Market Uncertainty

Alternative Investment Allocations Should Increase In 2017 Across The Board Due To Market Uncertainty
Summary Playing the ‘Trump effect’ on markets is not easy. The “Trump Call” is not necessarily good for all investments. As Trump’s pro American and anti-Global trade policies take effect, markets will be volatile like never before. Alternative Investments will grow in popularity, and will help balance out the Trump Call on markets. With the Dow breaking 20,000 investors are... Read More

Alpha Z Advisors, LLC ranked number 1 by Barclay Hedge for November 2016, in the category Options Strategies

Alpha Z Advisors, LLC ranked number 1 by Barclay Hedge for November 2016, in the category Options Strategies
Barclay Hedge can be reached at www.barclayhedge.com About Barclay Hedge Barclay Hedge is dedicated to serving institutional clients worldwide in the field of hedge fund and managed futures performance measurement and portfolio management. Barclay Hedge, formerly known as The Barclay Group, was founded in 1985, and consists of a team of research specialists, programmers, and data admin personnel experienced in alternative... Read More

Summers Says Markets Underestimating Risks of Trump Presidency

Summers Says Markets Underestimating Risks of Trump Presidency
Former U.S. Treasury Secretary Lawrence Summers said investors are being far too sanguine about the risks associated with Donald Trump’s incoming administration. The Harvard professor, a Democrat who was Treasury chief under Bill Clinton, cited the possibility of protectionist measures by the U.S. as well as changes to foreign policy and domestic social policy as issues that are creating “extraordinary... Read More

The Golden Era of Hedge Funds Draws to a Close With Clients in Revolt

The Golden Era of Hedge Funds Draws to a Close With Clients in Revolt
Drinks flowed as hedge fund titan Robert Mercer, dressed as Mandrake the Magician, partied with Donald Trump, dressed as, well, Donald Trump. The occasion that early December evening was Mercer’s 2016 holiday costume party, an intimate gathering of 250 at his Long Island estate. This year’s theme: “Villains and Heroes.” In Trump, Mercer and his fellow hedge funders had much... Read More

Barclay CTA Index down 0.40 per cent in September

Barclay CTA Index down 0.40 per cent in September
The index is up 0.10 per cent year to date. “The US Fed, in spite of its hawkish tone, opted to hold rates steady which roiled financial markets,” says Sol Waksman (pictured), founder and president of BarclayHedge. Seven of Barclay’s eight CTA indices had losses in September. The Diversified Traders Index was down 0.83 per cent, Currency Traders lost 0.78... Read More

The Next 10 Years Will Be Ugly for Your 401(k)

The Next 10 Years Will Be Ugly for Your 401(k)
It doesn’t seem like much to ask for—a 5 percent return. But the odds of making even that on traditional investments in the next 10 years are slim, according to a new report from investment advisory firm Research Affiliates. The company looked at the default settings of 11 retirement calculators, robo-advisers, and surveys of institutional investors. Their average annualized long-term expected return? 6.2 percent. After 1.6... Read More