The Big Picture
MAY 20, 2025
A a paper that caught my attention was following 2008 and this paper took a look at all hedge funds that reported to be market neutral. But when you really needed it in a downturn of 2008, the beta was 0.4. Our closest competitors to global opportunities have done a much better job than quote market neutral funds did back in 2008.
Sara Grillo
AUGUST 14, 2023
Legal definition of the fiduciary standard To quote directly from a paper by Attorney Lorna Schnase , two bodies of law form the legal basis for the fiduciary standard: Common law: Under common law principles of agency, an investment adviser, as agent, owes fiduciary duties to its client, as principal.3 2010, August 1).
The Big Picture
JUNE 20, 2023
It had been prevented, had been barred from that before because of this fiduciary duty idea and also because of the opacity of these instruments. MORGENSON: It stopped outperforming in like the mid-2000s or towards 2008. The Labor Department under Donald Trump did open the door for private equity to get into 401(k)s.
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