Allocators Turn to Alts Managers to Move ‘Needle’ on Diversity
Some institutional investors are increasing the number of checks they write to diverse alts managers and, more than ever before, are pushing for data on diversity, but there are still many challenges ahead, panelists said yesterday at the iConnections conference in Miami Beach, Florida. The John S. and James L. Knight Foundation, which authors reports […]
Opinion: Miami ‘Hedge Fund Week” offers a financial vibe check on 2022 and beyond
Forget ‘back to basics,’ wealthy investors want to go to the metaverse In the evening light of a catered party around a pool at a golf resort, a young man in a tracksuit walks around pitching a blockchain play that involves “an asset that isn’t crypto,” while an older guy in a natty blazer asks […]
Crypto bull says ‘I look at the stock market and it is just starting to correct and that worries me more’: We could see ‘another 20%’ fall ‘for the Nasdaq.
‘We had an environment where the Fed was pumping in money nonstop…And that created in some ways a gambling economy, or at least call it a speculative economy,’ Novogratz says Wealthy investor Mike Novogratz says the days of making easy money on Wall Street are coming to a swift end and he sees more pain […]