Impact Fusion International Inc (IFUS)

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Hedge funds are going by by. Adios Amigos, and brokers left holding the bag will be forced to cover them, bankrupting them, and blowing up shorted stock prices like IFUS in an epic rally.

https://www.hedgeweek.com/hedge-funds-are-dead-as-a-doornail-for-uhnwis-says-tiger-21-boss/


Hedge funds are ‘dead as a doornail’ for UHNWIs, says Tiger 21 boss

May 1, 2024
- 9:14 am

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Hedge fund allocations by ultra high net worth individuals (UHNWIs) have fallen to 2% of their investment portfolios from around 12% over the past 16 years, and the asset class is effectively “dead” as an investment opportunity for the super rich, according to a report by CNBC citing Michael Sonnenfeld, Founder and Chairman of Tiger 21 — a network of UHNWIs and entrepreneurs.

The report quotes Sonnenfeldt: “Hedge funds are dead as a doornail — maintaining a steady position at 2% as members have limited their investment in this sector over the last decades”. He added that investors could get a similar exposure with lower fees by investing in index funds or private equity.

The latter currently accounts for the largest allocation of Tiger 21 members’ portfolios at 29%, while real estate investments (27%) and public equities (19%) are also on the ‘most favoured’ list.

Tiger 21, which has 1,300 members globally – largely first-generation wealth creators who collectively manage over $150bn worth of assets – provides a forum for the exchange of advice on wealth preservation, investments and philanthropy.