$12.57 -0.03 (-0.24%)
11/6/2009 4:01 PM

Och-Ziff Capital (OZM)

CAPS Rating: 2 out of 5

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1
Member Avatar TMFMattyA (95.49) Submitted: 11/28/2007 3:46:48 PM : Underperform Start Price: $24.45 OZM Score: +25.03

I'll have to refer to Barron's on this one: In regards to OZM, "few in the history of the asset-management industry have gotten so rich while generating such mediocre performance." And look at this: OZ Master Fund (OZM's flagship hedge fund) has returned 13.9 percent over the past 5 years, compared to the S&P 500's return of 15.5 percent. And these guys actually get away with charging 2 percent management fees, while taking 20 percent of the profits. Like the hedge funds it manages, this company should underperform.

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