Tuesday, October 21, 2008

Putnam Funds & The Separation of Alpha & Beta

Looks like Putnam is launching a few absolute return funds.
http://allaboutalpha.com/blog/2008/10/06/new-putnam-funds-separate-alpha-and-beta-nearly/

Wow: Hedge Fund Manager Closes Shop with a Mouthful

Andrew Lade of Lahde Capital Management has closed his fund but he left us with a very interesting letter.