tag:blogger.com,1999:blog-3441881490261696065.post8745675707321039386..comments2023-07-15T07:07:28.124-04:00Comments on Investment Writing: "Where Are We Heading? The Future of Investment Management in Boston"Susan Weiner, CFAhttp://www.blogger.com/profile/00489970722019978871noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-3441881490261696065.post-15862472563308576482010-06-30T11:57:05.341-04:002010-06-30T11:57:05.341-04:00The shift to hedge funds hurts Boston even more be...The shift to hedge funds hurts Boston even more because the traditional mutual funds are not trying to deliver good investment performance, regardless of what they say. Just take a look at the analyst job ads on CFA Jobline or anywhere else and try to find much about investment performance records in the desired qualifications!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3441881490261696065.post-84529463961980729662010-06-29T12:46:47.105-04:002010-06-29T12:46:47.105-04:00Anonymous,
I noticed that Norton Reamer spoke of B...Anonymous,<br />I noticed that Norton Reamer spoke of Boston's poor positioning in the immediate future, so he may agree with you about the possibility of a rebirth in the 2020s. <br /><br />However, I wonder if some Boston firms will last that long. They may need to shrink or perhaps reorganize.Susan Weiner, CFAhttps://www.blogger.com/profile/00489970722019978871noreply@blogger.comtag:blogger.com,1999:blog-3441881490261696065.post-66477235105851270082010-06-29T12:42:06.618-04:002010-06-29T12:42:06.618-04:00In a secular bear market, hedge funds and fixed in...In a secular bear market, hedge funds and fixed income managers will gather more assets than equity only managers. When this secular bear market is complete (my estimation is 2014 to 2016?), the stock market will sell at a single digit P/E multiple. At this point, equities will be at a once in a lifetime buying opportunity. However, investors will be running scared and piling into hedge funds and fixed income managers. Hence, I think Boston will come back as a center for equity management in the mid 2020s.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3441881490261696065.post-31970291720611767002010-06-29T07:20:05.072-04:002010-06-29T07:20:05.072-04:00Chris,
That wouldn't bode well for big wealth ...Chris,<br />That wouldn't bode well for big wealth management firms, would it? I assume your comment focuses on that sector, but are you also thinking about institutional money management?<br /><br />Thanks for commenting!Susan Weiner, CFAhttps://www.blogger.com/profile/00489970722019978871noreply@blogger.comtag:blogger.com,1999:blog-3441881490261696065.post-38561421221660864802010-06-28T23:41:57.841-04:002010-06-28T23:41:57.841-04:00Very interesting, but the speakers may be far too ...Very interesting, but the speakers may be far too embedded among the trees to see the forest. It appears what we may be witnessing is a tectonic shift back to the future - to a place where the small practitioner with the wherewithall to do it can effectively eliminate the middleman.Chris Carosahttp://fiduciarynews.comnoreply@blogger.com