"Client Communications in Volatile Markets" by Harold Evensky
“The most important thing to communicate is that you are well aware of how scary the markets are and that you understand your clients are worried. However, it is imperative that you also convey a sense of calmness and optimism,” says Harold Evensky of Evensky & Katz in “Client Communications in Volatile Markets.” His article […]
Three recruiters talk about hiring at investment management and mutual fund firms
Hiring is down, but not out, at investment management and mutual fund firms. That’s according to three Boston-area recruiters I queried recently. “Overall, hiring in the mutual fund industry is down sharply from where it was 3 years ago,” said Charles O’Neill, principal, Diversified Management Resources. His firm’s Mutual Fund Careers website scans openings from […]
It’s okay to end a sentence with a preposition
“My mother always told me I shouldn’t end a sentence with a preposition.” I don’t agree with that client’s mother. It is okay to end a sentence with a preposition. At least, it’s okay most of the time. Because, as Grammar Girl says, it doesn’t sound natural to say things like “On what did you […]
Hedge funds are better off than you think
There’s no mass exodus out of hedge funds, according to this clip from CNBC.com. Indeed, hedge funds with global macro, managed futures, and equity market neutral strategies are delivering good returns, according to Ferenc Sanderson of Lipper. _________________ Susan B. Weiner, CFA Check out my website at www.InvestmentWriting.com or sign up for my free monthly […]
"How to Live in a World of Black Swans: Nassim Nicholas Taleb’s Take on the Financial Crisis"
What do a turkey being fattened up for Thanksgiving and Federal Reserve Board Chairman Ben Bernanke have in common? According to Nassim Nicholas Taleb, author of the best-selling The Black Swan: The Impact of the Highly Improbable, both mistakenly act as if the past predicts the future. The turkey, getting fed for 1,000 days, expected […]