From YAHOO FINANCE IPO Edge, in partnership with Desert Hawk Gold Corporation, owner of a fully-permitted, operating mine in Utah, and The Palm Beach Hedge Fund Association, a Florida trade association for financial professionals, will host a Webinar on Wednesday, June 24 at 4pm EST/1pm PST – The Case for Gold in an Era of Unprecedented Money Printing....Read More
From Forbes By Joseph Young Historical data from the late 1990s show a financial crisis is often followed with a steep increase in housing prices. If real estate grows in a similar manner as the 2000s, safe haven assets like gold and potentially Bitcoin may follow. The housing market is projected to see a steep...Read More
From Palm Beach Post The buyers in a record-setting Palm Beach deal recorded at $105 million last year on Billionaires Row have sold a penthouse condominium on the south end of town for $6.5 million. The couple who late last year set a Florida residential price record — via a Palm Beach deal recorded at...Read More
By Julie Segal-Institutional Investor Covid-19 is not just about immediate economic shocks. The virus is permanently changing how businesses, consumers, and governments operate — which impacts investors’ portfolios, according to PGIM. “The economy will experience a 4.5 percent reduction in 2020, with significant bankruptcies and real near-term economic pain. Fiscal and monetary policy will be much...Read More
From Bloomberg: Citadel Securities this week opened an office in Florida to help ensure billionaire Ken Griffin’s giant trading firm can continue at full capacity during the coronavirus pandemic — and cope with the explosion in volume the illness has spurred. The firm opened a new, temporary trading floor in Palm Beach on Monday with...Read More
Welcome to PBHFA’s March missive! The last few weeks have been quite interesting both socially and in the financial markets. Black swan style events of COVID 19 and geo-political tensions have spiked the VIX sending equities and the oil complex plunging lower. I have not witnessed this type of market action for decades. The index...Read More
We are thrilled to announce a partnership with the exclusive and luxurious Ritz Carlton Residences in Sunny Isle Beach!! Our social held on January 24th was a huge success with hedge fund and money managers mingling with the investor and real estate community of South Florida. New friendships were formed and deals bantered about as...Read More
PBHFA members experienced a wonderful evening at the Grandview Public Market with members & guests of the FICPA. Check out the slideshow!! [cincopa AwBA8nuAnff4]Read More
We are thrilled to announce a strategic partnership with the Palm Beach Symphony! It is exciting to introduce our members to the beautiful music of the symphony. This world-class institution and the PBHFA’s goals are aligned in elevating our region to being a true global leader in the world of art, commerce & lifestyle. Members...Read More
New York (CNN Business)The New York Mets have agreed to be sold to hedge fund billionaire Steve Cohen, in a deal that will take five years to complete, the team announced Wednesday evening. During that time the current owner, Fred Wilpon, 83, will continue to serve as the team’s chairman. He bought half the team...Read More
