Comment on: Draft obit for 2020: 2-and-20 fee structures
The fundamental issue divides along the lines of the users. Individuals may want to use hedge fund practices similar to their doctors, lawyers or accountants. Long-term endowments and some other institutional investors may prefer hedge funds to be organized as businesses. The latter need a regular source of revenues and the former can live for a while on incentives. The market will decide which will gain in ascendence.
Comment on: James Gorman must shine or resign in 2013
Too bad he is using outdated models.
I have known Howard Marx, the CEO of Oaktree, for at least thirty years if not longer. He is a very thoughtful money maker for his clients. Mike Lipper
Comment on: Man has to run hard to stand still
They have a very valuable sales force, which if it can be maintained at reasonable compensation levels is a tremendous asset either for the present management or future owners.
Comment on: Elusive future gas riches can't help Cyprus now
The risk to Gazprom and some other majors is the chance that the gas fields are real and will be in the hands of a needy supplier=lower prices.