As I've written repeatedly in recent months, the U.S. stock market is extremely overvalued, with an expected return over the next decade that is well below the rate of inflation. Bonds also appear to ...

Hedge funds would seem to be the answer. They specialize in opportunistically moving between various asset classes. In theory, they should easily outperform both stocks and bonds. Unfortunately, the ...

The mechanics of a PM deal are complex. Contracts are increasingly nuanced and bespoke, including caveats and clawbacks.

A Bloomberg analysis of the major hedge funds’ regulatory filings shows their passthrough fees have exploded in recent years.

China announced retaliatory tariffs on U.S. goods totaling $14 billion in annual sales. Of equal interest, China did not add ...