May 10, 2024
Funds

Hedge funds are ‘dead as a doornail’ for the ultra-rich, says Tiger 21

Michael Sonnenfeldt, founder, CEO and Chairman, Tiger 21. Adam Jeffery | CNBC Hedge funds are “dead” as an investment class for the super rich, said Michael Sonnenfeld, founder and chairman of Tiger 21 — a network of ultra high net worth investors and entrepreneurs. Tiger 21 members’ allocation to hedge funds dropped to 2% from

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Funds

This new ‘opportunistic’ ETF is an example of hedge fund strategies coming to the masses

The line between hedge funds and retail investors has begun to blur in recent years, and a new ETF is further bridging the divide. The Opportunistic Trader ETF, trading under the ticker “WZRD,” launched on Wednesday and quickly surpassed $15 million in assets. The fund is run by Larry Benedict, who was one of the

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Investors

Why is 3/20 So Important for Investors?

Stocks remain elevated with every dip being shallow and short lived. Investors just don’t want their money on the sidelines if and when the Fed flashes the green light that rates are about to be cut. This keeps stocks pinned just under 5,200 for the S&P 500 (SPY). This has all eyes focused on the

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