The ETFs That Keep a Billionaire on Wall Street

Posted October 03, 2018 06:53:03 A billionaire has decided to make the most of his new role as an investment adviser to hedge funds, investing $3 billion in hedge funds in the last five years.

Michael Wayne, the former chief investment officer of Silverstein Asset Management, which is based in New York City, announced his retirement in a letter to clients posted on the website of his company, Silverstein Investment Management.

Wayne has been a prominent investor in the hedge funds since he took over in 2005, including the $1 billion investment in Silverstein in the first quarter of 2019.

Wayne, who started his hedge fund career as a partner at Silverstein, also founded an investment advisory company called Wealth Management and has since become a major player in the financial services industry.

His investment portfolio has been valued at more than $50 billion.

While Wayne has yet to disclose his holdings, the letter to investors states that he has a “significant amount” of silver and gold.

In recent years, Wayne has also invested in private equity firms including Blackstone, which recently purchased Silverstein for $3.5 billion.

Wayne’s retirement comes as the market has been in turmoil over the past few months, as stocks have plunged and bond yields have soared.

Many investors have begun to look at investing in companies that they might have never considered, such as hedge funds.

As a result, many of the hedge fund companies have been struggling to find investors.

In the past year alone, the S&P 500 index fell almost 7% from its all-time high of 2,943.55 in August, while the 10-year Treasury yield has fallen more than 10 basis points from its October peak of 1.7%.

And the yield on the 10 year Treasury has also fallen more sharply since the beginning of 2018, falling below 1% for the first time in a decade.

Wayne made his decision to invest in hedge fund funds after retiring from Blackstone.

He was responsible for managing Blackstone’s $2.5 trillion portfolio.

In addition to his investments, Wayne is the co-founder of Wealth Management, a private equity firm that has invested in such companies as Morgan Stanley, Goldman Sachs, and Wells Fargo.

His portfolio also includes private equity investments that have been underwritten by Silverstein and other hedge funds that are now worth about $5 billion, according to a New York Times report.

While many investors are starting to take advantage of his advice, others, like the billionaire himself, are turning to other investors to get the best returns on their investments.

Wayne said in his letter to his clients that the reason he invested so much in the private equity and hedge funds was that he believed they could offer better returns than the hedge-fund companies.

Wayne is not the only one who has started investing in hedge-finance firms.

Earlier this year, billionaire hedge fund manager Steven Cohen and his wife, Mary Jane, both announced that they would start their own hedge funds and invest their money directly into hedge funds as they did in the past.