Page 7 - Hedge Fund Program News Today

[inaudible conversations] [applause] they key is so much. Thank you for that very generous introduction they give for this Republican Party for hosting us with such a wonderful organization in to support women. I want to start today by stinking you for a loving me to talk to you today about the need for fairness in the tax code system in than need for the success to pay the government and what a Great Success president obama has done in the middle east. [laughter] that he negotiates with iran . ...

See a is a manager has a 20 percent angina this year and next year 20 percent loss will that manager get a percent gain. Typically theyll get a gain an Incentive Fee on the 20 percent but not in the subsequent where were well into the next year until theyre back to where they were at the prior point and okay. So in essence their losses will offset their gain. Thats correct. One by one. Not everyone at the same time. The majority have my water marks. The claw back you get our money back if they l...

I am erik schatzker. Im Stephanie Ruhle. Wait until we get to the Grocery Store. What is a manly Grocery Store . Peanut butter. Orange juice. They can. That is crazy to me. Any good man no such ago to a Grocery Store. In the meantime, everybody, lets talk about hedge funds. Underperforming and complex. According to americas biggest pension plan, not worth the trouble. Itsers plans to liquidate 4 billion of hedge fund holdings. We will be speaking with the chief Investment Officer Ted Eliopoulos....