The following report is provided free each week by McAlinden Research Partners exclusively to members of Hedge Connection. Today’s issue cluster focuses on psilocybin
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For years internally managed private funds (IMFs) have been a seldom-used business model which has not proliferated in the private funds industry. Given the current regulatory environment, however, private fund advisers may want to consider forming an IMF that is tailored to their investor base in order to organize and operate their business in a more cost-efficient manner outside the purview of the Investment Advisers Act of 1940 (the Advisers Act) and related SEC regulation and examination
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Indexing has been a winning strategy in terms of risk-adjusted and fee-adjusted performance, and it’s become hugely popular with investors. The problem is determining what an index is. The grandaddies of them all are the Standard & Poor’s 500, originally designed to reflect the largest public companies in the US, and the Dow Jones Industrial Average, which was part of an investment theory developed by Charles Dow. Standard and Poor’s used its index to promote its data and rating services, while the Dow Theory helped promote the Wall Street Journal and Barron’s
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As ESG investing becomes more common, proxy voting matters have become more important. Decades ago, money managers would argue that they didn’t need to vote proxies; they would just sell the stock if they didn’t like what management was doing. Of course, that was never realistic
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In the nine months since the U.S. Labor Department announced that private equity would be an option within 401(k) plans, platform providers, communicators and investors are still mulling how to move forward
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