Sep 24 2012 | 2:28pm ET
Morgan Creek Capital Management's Mark Yusko, the “father of endowment-style investing,” kicked off the FINforums Annual Hedge Fund Summit in New York with a high-energy talk that began with the blunt admission that hedge funds have underperformed the market by a whopping 89% over the past three years. But from 1999 to 2009, he said, hedge funds returned 8% while the stock market returned zero. And that's why smart investors will not only be in hedge funds over the next 10 years, they'll be in small, emerging hedge funds, he said.
Dec 5 2013 | 9:51am ET
Do you have a job opening at your firm? Post a vacancy free for the month of April. Visit the FINalternatives Job Board and use code SNOW. Please only post job vacancies aimed at the asset management industry or related financial services professionals. Read more…