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Tuesday Headlines: Blackstone sees property returns fading
By Matt Stichnoth,
New York Times: Hedge Fund Managers Don’t Always Beat the Market, but They Still Make Billions
Bloomberg: Blackstone Sees End of Property’s ‘Great Run’ as Returns Fade
N.Y. Post: Jeffrey Ubben is stepping down as ValueAct’s investment chief
Bloomberg: Rich Retirees are Hoarding Cash Out of Fear
New York Times: ‘I Am Here to Grow A.I.G.,’ Its New C.E.O., Brian Duperreault, Pledges