This week the Financial Policy Council has its 2016 Summit in the Bahamas. Ziad K Abdelnour talks about Donald Trump and his following.
Ziad K. Abdelnour is a Wall Street Financier, Author, Philanthropist, Activist, Lobbyist, Oil & Gas Trader & President & CEO of Blackhawk Partners, Inc., Blackhawk Partners, Inc., is a private “family office”
The hedge fund industry has taken quite a hit over the past year, leaving institutional investors fairly disappointed with ROI expectations. Preqin, the industry’s leading investment analytics company cited its 2015’s aggregate 2.02% return as the worst since 2011. Preqin further reported that 44% of fund managers reported failure to meet return objectives. The hedge fund industry is no lightweight; globally the industry accounts for over USD3 trillion assets under management. Poor hedge fund performance is a strong indicator of how unstable the overall financial system has become, even though the industry is not considered a market maker. Both large and boutique hedge funds that pursued single strategy objectives bore the brunt of poor performance.
Hedge funds that focused on equity, macroeconomic, managed futures and relative value strategies had the most fund closures for last quarter 2015. Funds with multi-strategy, event-driven strategies and credit strategies had the best overall performance, and a larger number of fund launches. On a positive note, the entire industry saw an increased transfer of capital flows from family offices and high-net-worth individuals in 2015. Evidently, private wealth investors have waning confidence in public capital markets.
Following my joining the board of Elate Partners, www.elateinvest.com – a Chinese investment group backed by large institutional, strategic and wealthy individual investors from China – a lot of you have been asking me about the kind of deals Elate would be interested to invest in in partnership with Blackhawk.
Without further delays, here is the short list as per below
Hard asset-based deals that have “intrinsic values” of their own, for example mines, oil field, certain real estate;
Businesses with potential synergy with China;
Generally shy away from businesses that rely on services for revenue due to a lack of expertise
Technology-based and other businesses that could be transferred to China sometime in the future (regardless whether the US operation is kept intact or not);