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...
Six Reasons To Replicate Hedge Funds20180611110106
Six Reasons To Replicate Hedge Funds
In this recent article in AlphaWeek, Beachhead Capital’s Andrew Beer makes the case for hedge fund replication and describes how replication str...
NYSSA Keynote Presentation: Emerging Hedge Funds: Today versus 200620161013154035
NYSSA Keynote Presentation: Emerging Hedge Funds: Today versus 2006
In his keynote address to the New York Society of Security Analysts (NYSSA), Andrew Beer shared his views on launching a hedge fund in today’s environ...
The Trouble with Alpha: Part I20160623124038
The Trouble with Alpha: Part I
Investors equate “alpha” to outperformance. A high alpha fund presumably delivers substantial excess returns relative to its benchmark. True alpha is...
The Rise of Populism and the Fall of Economies20160616163624
The Rise of Populism and the Fall of Economies
Recent election cycles in the U.S. and Europe have seen the ascendance of political parties whose platforms are significantly shaped by populist initi...
Why a ‘Replication’ Strategy Trumps Liquid Alt Funds20160614134722
Why a ‘Replication’ Strategy Trumps Liquid Alt Funds
Catch Andrew Beer interviewed on TheStreet. The liquid alternatives movement is trying to bring hedge fund strategies to ordinary investors. Unfortuna...
Brexit in 10 Days?20160613134124
Brexit in 10 Days?
A new poll from the Bruges Group gives the Leave camp a 19 point lead over Remain. According to the poll, 52% of respondents supported a Brexit, while...
Valeant: Position Crowding, Intrinsic Value – an Update20160608130525
Valeant: Position Crowding, Intrinsic Value – an Update
In January, we wrote a post on Position Crowding and Valeant – the poster child in 2015 for a crowded hedge fund name. One of the points we made was ...