Their overseas exposure is expanding, while US funds stay mostly at home.
The hedge fund honcho, who also has had his duds, combines a composed demeanor under fire and an appetite for enormous risk.
Disrupters focused on the ‘internet of things’ could be the ones to knock over today’s kingpins. Recall the fates of IBM and other one-time heavyweights.
Ever since the SEC’s spring crackdown, these once-popular investments have wilted. But their excesses are being leached away.
Infrastructure such as bridges and tunnels, plus farmland and other natural resources, is winning new favor.
This battered asset class should benefit from a host of new developments—such as a weaker dollar.
Many institutions, wary of the asset class’s notorious volatility, keep their exposure low despite raw material price climbs.