Taking the Fall:

“Indeed, the performance numbers (of the Yale Model) for the past 10 years make it clear that this model has failed to live up to its promise for a while, perhaps because there just aren’t enough good alternative investments to go around.” – Barry Ritholtz

Barry Ritholtz blames pension underfunding on alternative investments – (Ritholtz)

Regulatory:

Popular liquid alts funds face regulatory scrutiny – (Investments News)

U.S. House votes to loosen derivatives’ regulations with CFTC bill – (Reuters)

US CFTC appoints deputy director and chief counsel of the division of enforcement – (Hedgeweek)

News:

Equinox Funds teams with BlueCrest Capital Management to launch systematic macro fund – (Hedgeweek)

Education:

Back to (Managed) Futures – (Open Markets)

Alternative’ Mutual Funds: Different, Yes. Better? Not Lately. – (Wall Street Journal)

Futures & Miscellaneous

FX Futures Expand Overseas – (Markets Media)