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They are the "important" clients of the underwriting banks: the top pension funds, mutual funds, hedge funds, high net worth individuals, and long standing clients. Why do these investors get first dibs on an IPO? Retail investors often complain this is not fair, but the (official) reason...
24K99讯 周五(4月12日),现货黄金逼近突破2400美元,最高触及2395美元。但黄金期货已经存在,活跃的6月合约刚刚在中国买盘开始涌入时触及2406.90美元的历史新高。知名金融博客ZeroHedge指出,美国明斯基时刻逼近。 文章提到,美国正在接近每100天发行1万亿美元债务的明斯基时刻,而美国债务利息目前为1.1万亿美元,将超过社会保...
In October I wrote that the retirement of Ray Dalio, who founded Bridgewater Associates and ran it for almost half a century, signaled the end of an important era in the hedge fund industry. Dalio was the last of the great investors who started their funds in the 1970s, of whom many he...