RIP Nelson Mandela
With today’s near-universal access to information and technology, buy-side firms expect more than they did just a few years ago. There is little room for brokers whose sole value proposition is offering low-priced executions.
Armed with every execution tool once reserved for sell-side firms, buy-side asset managers and hedge funds have reduced their reliance on sell-side traders. Now, the investor trend of insourcing asset management threatens to disintermediate the buy side.
"The housing market has gotten very speculative" Bob Shiller warns (via US home prices rise at marginally slower pace: S&P/Case Shiller)
The Weekender: Nike’s “Just Do It” Ad Is Awesome
Years of halting negotiations with cable companies haven’t gotten Apple much closer to its grand vision for television. But a newer strategy of talking directly to content providers seems more promising.
Apple is negotiating w…