Family Offices Set to Increase Hedge Fund Allocations for 2019
Opalesque – January 2019 The fast-growing family offices that manage estates and investments for the wealthy are set to increase hedge fund allocations during 2019. According to Family Office Networks (FON), the appetite for various hedge fund strategies is increasing. More capital is being allocated to traditional Long/Short, Global Macro and Managed Futures strategies as […]
Hedge Funds: Forget about NYC, Try Palm Beach Offices
Quest Workspaces – November 2017 If you want to succeed in the money management business, there’s no substitute for being where the wealthy are. Quest interviewed Andrew Schneider, Founder and CEO of Family Office Networks, on how Palm Beach is the next up and coming center of wealth management and why a move to Palm Beach […]
Family Office Networks Expands Hedge Fund Platform to Meet Growing Demands of Family Offices
World Property Journal – January 2017 The world is beating a path to Palm Beach County’s door, at least the world of hedge funds. This is according to Kelly Smallridge, president and CEO of the Business Development Board of Palm Beach County, Florida. The reasons for this new-found affection go beyond South Florida’s mild […]
Gold’s Hangover from Hell
EuroMoney – July 2013 After its party in 2011, gold is suffering the mother of all hangovers. The price of gold peaked in August 2011 at $1,883 per ounce, a level some would call irrational exuberance, and even its admirers acknowledged was probably too expensive. “The $1,800 level was not justified,” says Andrew Schneider, CEO of […]
The Growth of Hedge Funds is Set for a Record Year
Canadian Hedge Watch – November 2012 A recent CNBC segment “Why More bankers May Be Starting Hedge Funds” Global HFA a hedge fund consulting company has a few points to add. The growth of new start up hedge funds is growing faster than ever in its history dating back over 60 years. The amount of new […]
Scranton, San Jose Show How Mainstream Hedge Funds Have Become
Wall Street and Tech – September 2012 One city is looking for a loan and the other is looking to boost returns, but both cases indicate that hedge funds have moved from an alternative into the mainstream. Alternative investments have officially entered the mainstream. In a bid to improve sagging returns, a pair of pension […]
Big Funds Putting More Money into Reinsurance
The Royal Gazette – June 2012 NEW YORK (Reuters) – Investors globally, from hedge funds to retirement systems, are looking to an obscure corner of the insurance industry to boost returns and avoid some of the swings that have plagued stock and bond markets in recent years. Their attention is focused on the reinsurance sector, […]
Analysis: Investors Turning to Reinsurance for Juiced Returns
Reuters – May 2012 (Reuters) – Investors globally, from hedge funds to retirement systems, are looking to an obscure corner of the insurance industry to boost returns and avoid some of the swings that have plagued stock and bond markets in recent years. Their attention is focused on the reinsurance sector, which covers insurance companies […]
Goldman’s Global Alpha Fund Hurts Investors Again
Reuters – September 2011 NEW YORK, Sept 15 (Reuters) – Goldman Sachs Group Inc’s (GS.N) shakeup of management at one of its highest-profile hedge funds comes as the fund’s performance is badly lagging its competitors. The Goldman Sachs Global Alpha fund, which relies on computer-driven strategies, was down 12 percent through August, according to two […]
Goldman to Close Global Alpha Fund After Losses
Reuters – September 2011 NEW YORK (Reuters) – Goldman Sachs Group Inc is shuttering a well-known hedge fund that relies on computer-driven trading strategies after the portfolio rang up a hefty loss this year. Goldman told investors in the roughly $1.6 billion Global Alpha fund the news on Thursday, one day after it announced a […]