Generation two liquid alternatives20180912213647
Generation two liquid alternatives
Liquid alternatives are broadly defined as strategies that are available in registered funds (mutual funds, ETFs and UCITs) that seek to provide inves...
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 ...
Brexit in 22 Days?20160601165828
Brexit in 22 Days?
A new Guardian poll reveals a 52 – 48 split among Britons in favor of leaving the EU. The alarming result represents a sharp decline in support for th...
Chasing Fund Returns is a Very, Very Bad Idea20160509183323
Chasing Fund Returns is a Very, Very Bad Idea
How does a fund earn over $500 million in management fees yet lose over $1 billion for investors since inception? No, sorry. It’s not a hedge fund. ...