Fun With Banks

With the banks getting a rogering at the current Royal Commission where the only people who are surprised that the banks treat their customers like shit are the banks themselves, who reward such behaviour and politicians who want lucrative directorships and consultancy with banks when they leave politics. Combined the touted changes to dividend imputation much has…

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How Big is the Hedge Fund Industry?

Over the past 20 years, hedge funds have gained almost mythic status. Loved and loathed, they are held to be sharply distinct from the broader asset management industry. The fortunes of the best-known firms are followed with great interest. There is nothing that definitively marks hedge fund managers apart from other investment managers, however. Instead,…

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