Washington Weighing on Rich – Barron’s 01-17-13

Salient to Investors: Mike Ryan at UBS Wealth Mgmt Americas said 76% of 2,056 wealthy investors surveyed are very worried about Washington, 33% are worried by volatility, Europe, and financial markets, and 36% have faith the government will accomplish more in 2013. Ryan said the investors were neither euphoric nor despondent – 56%

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In Search Of An Absolute Strategy – Seeking Alpha 01-17-13

Salient to Investors: Martin Rothe at Altradis Capital writes: Most hedge fund strategies still largely depend on stock market performance and those not incorporating equities haven’t lived up to their promises. A strategy’s historical return may not necessarily predict future returns, but selecting strategies with distinct return distributions makes it

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Activist Funds Loaded With Capital Augur Dealmaking Surge – Bloomberg 01-17-13

Salient to Investors: Hedge Fund Research said $3.8 billion went into activist funds in 2012 versus $1.8 billion in 2010. Factset Research Systems said shareholder activists started 219 campaigns in 2012 versus, up 22 percent from 2011 and the most since 2008. Patrick Ramsey at Bank of America said we have seen a

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Legg Mason Folds Miller Value Unit Into ClearBridge – Bloomberg 01-16-13

Salient to Investors: Legg Mason is folding Bill Miller’s Legg Mason Capital Management division into its ClearBridge Investments equity unit as assets have tumbled and as it tries to reverse five years of client redemptions. Assets at Legg Mason Capital Management have fallen to $7 billion from a peak of $70 billion

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China’s Richest Man Signs Manchester United Sponsor Deal – Bloomberg 01-16-13

Salient to Investors: Manchester United.signed a sponsorship deal with Hangzhou Wahaha, and with China Construction Bank, which will issue Manchester United-branded credit cards in China. Soccer is the most-played sport in China. Read the full article at http://www.bloomberg.com/news/2013-01-15/manchester-united-signs-sponsorship-deal-with-wahaha.html. Free email alerts of articles as soon as they are posted.

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Foreign Demand for U.S. Assets Rises on Global Slowdown – Bloomberg 01-16-13

Salient to Investors: International purchases of U.S. stocks, bonds and other financial assets were more than twice as much as forecast in November as investors sought shelter from a global economic slowdown. Millan Mulraine at TD Securities sees further inflows. The World Bank projects the world economy to grow 2.4 percent in 2013 versus a June

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