How Do the Rich Get Richer? It’s Probably Not From Chasing Performance.
The world’s richest are getting richer. In fact, the top 1% in terms of wealth ownership are well on track to control two-thirds of the world’s wealth by 2030, as reported by the House of Commons library, a research arm of the UK’s parliament.12
In light of this growing inequality, is there a way to open up the playbook to all?
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Washington Update: The Art of the Post-Scandal Political Press Conference
Let’s be clear: if, during a press conference meant to address a scandal, a spouse must quietly and not sarcastically advise the central figure in the brouhaha not to break into dance, it’s a sign things aren’t going well.
The Case for Liquid Alternatives, Especially Now
While we have long advocated that alternatives should be a core allocation within any diversified portfolio, we believe that in this environment they will be even more helpful to investors.
Washington Update: A Respite — But How Brief?
The longest government shutdown in American history ended last week when President Donald Trump signed a bill last Friday reopening federal agencies that had been shuttered since Dec. 22. The nation – particularly the 800,000 federal workers impacted by the shutdown – rejoiced, but only for a minute.