The Return of Volatility, Just the Tip of the Iceberg? Mar16

Posted by & filed under Hedge Fund Performance, Investing, White Papers/ Thought Pieces.


The month of February was all about volatility. Within the first 6 trading days the SPX lost -8.60%, only to recoup 5.15% of the losses by month end. The record levels of short volatility positions in VIX related ETFs were forced to cover shorts as it spiked from an intra-day low of 12.50% on February 1st, to an intra-day high of 50.30% on February 6th, before closing at 19.85% on February 28th

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How the Final Tax Cuts and Job Act Will Impact Hedge Funds, Private Equity and Alternative Assets Jan18

Posted by & filed under Baker Tilly Tax Tips, Hedge Fund Performance.


The hedge fund, private equity and alternative asset industries will be impacted by a number of tax provisions from the final tax reform bill called the “Tax Cuts and Job Act” that was signed into law by the president on Dec. 22, 2017. Provisions will affect carried interest, general tax rates, compensation, like-kind exchanges and more. This article is intended to provide a high-level summary of some of the key provisions of the act

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Selective Leverage: Achieving Returns and Low Beta Sep22

Posted by & filed under Hedge Fund Performance, White Papers/ Thought Pieces.


If you could purchase an apartment building today that produced a cash flow after all expenses of 8% a year, you might be pleased with your cash on cash return in the current interest rate environment. If you financed your property with a 50% mortgage which had an interest rate of 4%, you could purchase two apartments for the same equity

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The Current Market Environment: Where is the Risk? Sep15

Posted by & filed under Hedge Fund Performance, White Papers/ Thought Pieces.


Markets have historically had psychological booms and busts since the beginning of time. The fear/greed syndrome will continue to drive investors into making emotional decisions at the wrong time. Human nature will remain the same. Mania has always gripped the markets from season to season. Gold, tulip bulbs, real estate, tech, oil. Bubbles tend to develop, and while “bubbles” can continue a lot longer than predicted, they will all come to a very unpleasant ending

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