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Unlimited Alpha

The Compound and Friends

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Demographic Factors and Investor Dynamics Affecting Bond Yields

The speakers discuss the impact of retiring boomers seeking higher yields on bond markets. They analyze the tug of war between asset managers and hedge funds, with asset managers buying longer-dated treasuries and hedge funds shorting bonds. The chapter also explores the bearish sentiment of hedge funds towards bonds and stocks, as well as the excitement within the wealth management industry for liquid alternatives.

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