Often the price battle between buyers and sellers is described as the battle between fear and greed. I see the conflict as being between two vastly different sets of fears, with very little greed involved. The focus is not whether … Read more
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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 decades, backing early movers … Read more
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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
2 CommentsOn 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 of … Read more
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