Dusting Off Graham and Dodd? Hedge Funds Say the Value Rotation is Real20210112155847
Dusting Off Graham and Dodd? Hedge Funds Say the Value Rotation is Real
The Hedge Fund Factor Rotation of 2020 It is important to note that hedge funds have a very good track record of calling market inflection points.&nbs...
Hedge Funds Are Back!20201130122213
Hedge Funds Are Back!
While pundits love to beat up on hedge funds these days, hedge funds may have a more compelling opportunity set today and the hurdle to demonstrate va...
The Case For Replication Of Equity Long/Short Hedge Funds20200106115405
The Case For Replication Of Equity Long/Short Hedge Funds
In the wealth management space, many allocators are confronted with a dilemma: ...
The Case For Replication Of Managed Futures Hedge Funds20191205095358
The Case For Replication Of Managed Futures Hedge Funds
Factor-based replication of managed futures hedge funds may solve the two principal issues with investing in the space. First, replication of a portfo...
Trend-Following Index Managers Have So Far Failed to Replicate Managed Futures’ Performance20191121133911
Trend-Following Index Managers Have So Far Failed to Replicate Managed Futures’ Performance
The evidence that investors can reliably replicate managed futures' performance with low cost, trend-based indices is scant. To read more, click here&...
Understanding The Key Landmines In Liquid Alternatives20191004143610
Understanding The Key Landmines In Liquid Alternatives
October 4, 20190 comments
A version of this first appeared in Absolute Return here Investors are understandably frustrated with liquid alternatives. The average liquid alternat...
Should Fundamental Investors Own Managed Futures Today?20190909174403
Should Fundamental Investors Own Managed Futures Today?
Like most of you, I am a fundamental investor at heart. I started my career in the hedge fund business working for famed value investor Seth Klarman (...
Rethinking Managed Futures in a Low Fee World20190708012104
Rethinking Managed Futures in a Low Fee World
Managed futures as a strategy (before high hedge fund fees) has delivered strong performance since 2000 – higher returns than equities with far lower ...
The practitioner’s guide to investing in managed futures20190619052608
The practitioner’s guide to investing in managed futures
Plenty of white papers extoll the diversification benefits of investing in managed futures strategies. Those papers principally highlight long-term s...
Generation two liquid alternatives20180912213647
Generation two liquid alternatives
Executive Summary Generation One liquid alternatives suffered from three issues: poor performance, high fees and/or unpredictable results. Dissatisf...