by Michael Panzner | Jan 18, 2016 | Hedge Funds, Portfolio Management
There’s no doubt that equity (and other) markets have been more volatile this year than in 2015. This partly reflects the fact that declining markets tend to see wider and more erratic price swings than bullish counterparts; the fear of losing money is a more... by Michael Panzner | Jan 11, 2016 | Angel Investing, VC and P2P
If the venture capital industry’s best days are behind it, as suggested previously, it is only natural to assume that angel investing is in similar straits. But is that necessarily the case? It is true that both segments, which invest in start-up and young... by Michael Panzner | Jan 11, 2016 | Portfolio Management
For anyone who has been paying attention, it’s no surprise to learn that the exchange-traded fund industry has seen phenomenal growth, in the U.S. and elsewhere. According to data provider ETFGI, U.S. and global ETFs outstanding have increased by 970% and 740%,... by Michael Panzner | Jan 4, 2016 | Private Equity, Real Estate
An earlier article at Sophisticated Investor, “Dark Clouds Looming for Private Equity,” discussed prospects for an industry that makes money by acquiring and selling businesses, usually with the assistance of borrowed money. But there’s more to PE... by Michael Panzner | Jan 4, 2016 | Hedge Funds, Portfolio Management
A recent CNBC commentary argued that hedge funds are a risky bet, largely because the sector has trailed the S&P 500 index for five years, as well as the fact that it is hard to identify managers who can perform well. The suggestion by one of the quoted experts...