Hedge Funds Raise Gold Bets as Goldman Sees Decline: Commodities Bloomberg 07-29-13

Salient to Investors: Hedge funds et al increased their net-long position in gold futures and options for the 4th consecutive week and the longest streak since October, while more than doubling bets on lower corn prices to a record net-short holding. Jeffrey Currie et al at Goldman Sachs said gold will decline

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Treasuries Not Safe Enough as Foreign Buying Slowest Since 2006 – Bloomberg 07-21-13

Salient to Investors: Foreign investors are adding Treasuries at the slowest pace since 2006 amid the worst rout in 4 years, and own less than 50 percent of Treasuries outstanding for the first time since March 2012. However, China boosted its stake in 2013 to the most on record – adding US bonds in 7

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Property Crushes Hedge Funds in Alternative Markets – Bloomberg 07-10-13

Salient to Investors: Hamilton “Tony” James of Blackstone Group said stocks were a fool’s game compared with alternative investments. and investing in alternatives makes sense even when they underperform. James said the return from these idiosyncratic investments are very uncorrelated to the broader markets, so portfolio volatility falls. Hedge funds have been

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Fewest Hedge Funds Invest in Gold Since 2010 as Assets Decline – Bloomberg 06-07-13

Salient to Investors: The number of hedge funds investing in gold is at the lowest level since 2010. Farhan Mumtaz at EurekaHedge said hedge fund performance declines tied to volatility and withdrawals led either to closures or a shift in strategies – the number of funds investing in gold fell

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NYC Pension Chief Seeks $500,000 Managers Not Wall Street – Bloomberg 05-30-13

Salient to Investors: New York City’s retirement system is the only one of the 11 biggest US public-worker pensions that refuses to manage any assets internally. The typical fees for hedge funds and private-equity and real-estate firms is 2 percent of assets plus 20 percent of profits. Last year, three city pension funds

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