Lance on Oct 12 2008 | Filed under: Around the Web
Despite recent struggles, hedge funds have done relatively well. Why? One recent study shows they can (despite academic claims that you can’t) reduce their exposure to market risk, and increase it, in ways that adds to return. Who wudda thunk it?
Lance on Feb 10 2008 | Filed under: Around the Web
Julian Robertson has sired a slew of top managers, of whom we are very fond, and they are in hedge fund heaven right now as dispersion in returns is giving them ample opportunity to make some hay. Fortune has an article which helps those who have fallen behind catch up on what Julian and his [...]
Lance on Jan 29 2008 | Filed under: Absolute Return, Asset Allocation, Commodities, Developing Markets, Domestic Equities, Domestic Fixed Income, Great Investors, Hedge Funds, International Equities, Managed Futures, Portable Alpha, Relative Return, Risk
Finally it is the long-term investor, he who most promotes the public interest, who will in practice come in for most criticism, wherever investment funds are managed by committees or boards or banks. For it is in the essence of his behaviour that he should be eccentric, unconventional and rash in the eyes of average [...]
Lance on Jan 25 2008 | Filed under: Around the Web
All About Alpha looks askance at misleading headlines.
Lance on Jan 15 2008 | Filed under: Absolute Return, Asset Allocation, Hedge Funds, Latest data, Risk
For investors with the assets to use a full fledged fund of hedge funds, who do we turn to? A collection of Tiger Cubs who had a fine year, so this does not surprise us. From Bloomberg:
Hedge-fund managers known as the Tiger Cubs because they learned to pick stocks at Julian Robertson’s Tiger Management LLC [...]
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