As the founders of the first generation of institutional hedge funds reach the twilight of their careers, allocators are beginning to think about “retirement risk” in their hedge fund portfolios. For the better part of two… READ MORE ›
As new “smart beta” strategies become more popular, how can investors choose among hedge fund beta, alternative beta, liquid alternative beta, exotic beta, smart beta, scientific beta, and the many others that are increasingly available?
“Hedge fund beta” is one… READ MORE ›
Since the start of last summer the Spanish real estate market is coming back to life after several years in a catatonic state.
The first investments made by foreigners were related to the hunt for yield: mostly bond-like investments with… READ MORE ›
On 10 July 2013, the US Securities and Exchange Commission (SEC) voted 4–1 to lift a decades-old ban that has prevented hedge funds and private equity firms from marketing their investments to the general public. This move opens up billions… READ MORE ›
Pundits have had a field day proclaiming that the days of long/short equity meeting the needs of investors are over. Measured against the market, long/short equity strategies have indeed had a worse five-year run than in the past.
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Simon Lack, CFA, is a widely quoted investment manager whose book The Hedge Fund Mirage has gotten a lot of attention for its critique of high hedge fund fees, lays out some of the… READ MORE ›
Hedge funds may sound mysterious, complicated, or secretive. Some of them undoubtedly are, but the world of 10,000 plus hedge funds is a diverse place, where many approaches are surprisingly simple, and you may already be following the same… READ MORE ›
Many investors have heard the term “alternative investments,” but it’s not always clear the role that they play in an investor’s portfolio. To explain what alternative investments are and how they may benefit you, we’ve invited Ted Seides, CFA,… READ MORE ›