After their bang-up performance in 2008, everyone is talking about managed futures. They can make great diversifiers in some portfolios, but be sure to do your homework. They're opaque, often highly leveraged, and can be expensive.
Worried that interest rates could rise for years to come, some investors have been dumping their bonds. But the extreme bears are probably overreacting. Under most scenarios, bonds will deliver modestly positive returns in coming years. What sort...
Limited partners (LPs) (for example, family offices) who seek exposure to new and emerging alternative asset managers face a dilemma. They understand that asset managers are most motivated and in sync with their LP's goals when the asset managers...
Neil Hennessy, Chairman and chief investment officer, Hennessy Funds in Novato, Calif.
