5c83386d-04c3-4271-8907-d90cdfc9e6b6

Greetings, 1. We begin with the Eurozone where, as many economists had expected, the ECB did not change its policy. The central bank downplayed the impact of Brexit, which is projected to hit Germany the most. Draghi suggested that the EMU governments should step up efforts to boost growth, in effect acknowledging that the ECB has done

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b97c4cae-62ce-42c4-b30a-23ede9ef12c1

We begin with the Eurozone where, as many economists had expected, the ECB did not change its policy. The central bank downplayed the impact of Brexit, which is projected to hit Germany the most. Draghi suggested that the EMU governments should step up efforts to boost growth, in effect acknowledging that the ECB has done all it can (for now)

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_82577698_026928293-1

Alternatives have big shoes to fill in most portfolios: they are often intended to both enhance return and reduce risk. The promise that hedge funds and other alternatives can meet this ambitious goal is responsible in large part for their tremendous growth in recent years. However, judging from published data and anecdotal evidence, many investors have been disappointed on both measures as returns have dropped and correlations with traditional investments have risen

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southwest1

It’s often quite amusing to me to chat with friends and associates outside of the investment industry about the investment industry. The vision that many folks have about the typical hedge funders’ day-to-day existence is one part conspiracy theory, two parts lies and debauchery and a final part douchebaggery. So, to help clear up some of

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