Global macro hedge funds have always been a popular strategy among investors. However, many larger institutional funds are seeing lackluster returns due to their size and their focus on downside protection. This is spurring a new trend in the industry: … Continue reading
Many hedge fund investors look to emerging managers to capture strong returns. It is an accepted tenet in the industry that managers in their first few years typically outperform their more established peers. Investors often attribute this to emerging managers’ … Continue reading
On February 2, the DJIA closed above 12,000 for the first time since June 2008. This was an important psychological milestone for investors. The passing of this mark gave investors confidence that the recovery was on better footing. However, it … Continue reading
Most government pensions or state retirement plans use large consultants to make investment decisions. However, there are some that make investment decisions internally. One would assume that multibillion-dollar pensions make allocations to only large, well-established hedge fund managers. However, BHA … Continue reading
When BHA analysts discuss the manager selection process with investors, an area that is always covered is manager requirements. That is, analysts ask investors if they have specifications for manager track record, pedigree, and fund size. Many do, however recently, … Continue reading
One of the major themes presented in BHA’s Quarterly Research Report for the second quarter of 2010 was investors increasing demand for liquidity. This demand has continued in the third quarter since market uncertainty is still prevalent. During the first … Continue reading