Most alternative investors are familiar with the event-driven strategy, a hedge fund approach that looks to take advantage of market changes caused by corporate events. However, many investors are not aware of the large number of strategies that fall into … Continue reading
Fund marketers typically spend 20% to 30% of their time generating new investor leads and qualifying new investor prospects. Managers often comment to BHA staff that an inordinate amount of time is required because the marketers are looking for the … Continue reading
Emerging hedge fund managers who are unable to articulate the benefits of their approach in a clear and concise manner typically find it hard to gain momentum with investors. This is true even for managers with strong credentials and a … Continue reading
In 2011, analysts at BHA collected 691 mandates for CTA/managed futures funds, which represented 32% of all mandates received. CTA was the third most popular hedge fund strategy, preceded only by long/short equity (65%) and global macro (42%). Although the … Continue reading
In this difficult macroeconomic environment, investing in hedge funds has become a challenge. According to the HFRX Global Hedge Fund Index, on average, hedge funds lost 8.87% in 2011.1 This performance has not only left many investors puzzled over which … Continue reading
The most popular strategy sought by hedge fund investors in the emerging manager space during the past year was overwhelmingly long/short equity, with approximately 65% of mandates specifying this strategy. Long/short equity’s transparent and easily understood nature made it an … Continue reading
Global macro managers ended the year down 3.6%.1 This may come as a surprise to many since the market volatility in 2011 seemed to provide the perfect environment for global macro funds to outperform the market. However, throughout the year, … Continue reading
In 2011, BHA analysts captured 713 mandates for alternative investment funds from family offices. These mandates made up more than 15% of BHA’s investor searches for the year and included both single-family and multifamily offices. The family offices in this … Continue reading
For many managers, especially those with emerging funds, 2011 was a turbulent and often confusing year. The fundraising, investment, and business climate faced by the industry reflected the skittish and chaotic trading in global capital markets. Managers and marketing professionals … Continue reading
Long/short equity is the most fundamental of all the hedge fund strategies. Funds using this strategy seek to reduce risk by simultaneously taking long and short positions in various equities. Generally speaking, funds will use short positions in individual securities … Continue reading