by Michael Panzner | Mar 21, 2016 | Angel Investing, VC and P2P, Portfolio Management, Pre-IPO Shares
In theory, the recent rebound in equity markets—especially in technology-related shares, which were major laggards as the year unfolded—should be great news for young companies. As discussed previously (see here and here), valuations, activity and interest in private... by Michael Panzner | Mar 14, 2016 | Portfolio Management
Last Thursday, the European Central Bank announced its latest stimulus measures, which many observers characterized as a quantitative easing, or QE, “bazooka.” The initiative was comprised of several components: four rounds of targeted long-term... by Gino D'Alessio | Mar 12, 2016 | Hedge Funds, Portfolio Management
Hedge Funds that trade in distressed debt usually have their best years when there is an increase in the corporate bankruptcy rate. When there is an economic downturn, usually there are also more companies in distress. This is when Distressed Debt Hedge Funds take... by Michael Panzner | Mar 7, 2016 | Commodities, Hedge Funds, Portfolio Management
Sometimes the reasons for betting on or against a certain investment seem compelling. Not only do various rationales appear supportive when viewing things from the bottom up, they are often confirmed by a top-down perspective. And yet, it is not unusual for these... by Gino D'Alessio | Mar 5, 2016 | Portfolio Management, Real Estate
Commercial Real Estate has had an incredible run since its financial crisis lows in 2009. This sector outpaced the broader residential S&P Case-Shiller Index and has reached levels that have surpassed the pre-crisis highs. Commercial real estate (CRE) includes... by Michael Panzner | Feb 29, 2016 | Hedge Funds, Managed Futures, Portfolio Management
So far, 2016 has unfolded in a way that many active investment managers were hoping for. Market volatility has been increasing, affording more opportunities to buy and sell securities at attractive levels. Share prices have stopped moving higher in a relatively... by Gino D'Alessio | Feb 24, 2016 | Commodities, Portfolio Management, Precious Metals
A look at returns of best performing metals Precious and Industrial metals alike have been in a continued decline for various years now. Excess supply created by the massive rally in commodity prices that took place after the 2008 crisis. A weakened demand since the... by Michael Panzner | Feb 22, 2016 | Commodities, Portfolio Management
It is a key theme of “Good Idea, Bad Investment?”: just because a stock looks like a bargain, that doesn’t mean it is worth buying. A variety of often unexpected developments can influence its price, including macroeconomic trends; competitive,... by Michael Panzner | Feb 15, 2016 | Portfolio Management
The bet that many investors made last year that the U.S. financial sector was heading higher seemed to have a lot going for it. The shares of banks and insurers were trading at “cheap” levels relative to earnings and book values. The Federal Reserve was... by Renee Ann Breiten | Feb 4, 2016 | Portfolio Management
At the Federal Reserve increased interest rates in December, the U.S. stock markets have taken a considerable dip. The December increase was the first time interest rates have risen since 2006, but it sent shockwaves through the domestic equity markets. The declines... by Michael Panzner | Feb 1, 2016 | Hedge Funds, Portfolio Management
In theory, a bear market should be a godsend for activist investing. When share prices fall, shareholders, board members, senior managers and other stakeholders are likely to be more receptive than they might otherwise be to external suggestions and plans for creating... by Gino D'Alessio | Jan 24, 2016 | Hedge Funds, Portfolio Management
What exactly defines a 40s Act Fund? The main strategies and how they fit into my portfolio General performance in terms of risk and return The limitations that set Liquid Alternatives apart from Hedge Funds 40s Act funds also known as Alternative Strategy Mutual...
