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HomeWall Street Proctology: Morgan Stanley Doctors Are In
Posted by Larry Doyle on October 10th, 2013 9:02 AM |
With interest rates at artificially low levels (thanks to the Fed’s quantitative easing program) and investors increasingly leery of navigating into the shark infested waters of the high-frequency dominated equity markets, what is an investor to do?
More and more investors have been sold on the idea of allocating more capital to alternative investments. One needs to be exceptionally careful when engaging the practitioners engaged in these pursuits. Really? Oh yes.
In what might best be compared to a visit to an unlicensed proctologist, Bloomberg provides a wide angled view into the incredibly expensive and dark world of managed futures as practiced by the “doctors” at Morgan Stanley. (Caution: the mental images here may be upsetting) (more…)
