Incisive Views from Professionals
By Hedge Fund Insight staff On of the best and most widely read articles on this website is the one by Cliffwater titled “How Many Hedge Funds? Only 15-20 For The Highly Skilled” – see the original article. The article is going to be referenced when new data becomes available that gives real world […] Read more »
By Hedge Fund Insight staff There is good visibility of hedge fund exposure and returns for state pension plans. Most investment committee papers are available, and often it is possible to read the hedge fund managers comments and presentations. In the first graphic are two tables extracted from the monthly Investment Reports a year […] Read more »
By Hedge Fund Insight staff On of the best and most widely read articles on this website is the one by Cliffwater titled “How Many Hedge Funds? Only 15-20 For The Highly Skilled” – see the original article. The article is going to be referenced when new data becomes available that gives real world […] Read more »
By Stephen L. Nesbitt, CEO and Eli J. Sokolov, Managing Director of Cliffwater LLC Introduction We first wrote about how many hedge funds constituted an appropriately diversified portfolio in 2006, arguing that most investors tended to over diversify their hedge fund portfolios, particularly those investing in funds-of-funds.1 We showed that the accumulation of hedge funds […] Read more »
By Daniel Stern, Senior Managing Director at Cliffwater LLC April was a moderately positive month for most hedge fund strategies and all strategies outside of Global Macro remain in the black for the year. In April, the HFRI Fund Weighted Composite Index lost 0.2% and the HFRI Fund of Funds Composite Index detracted 1.1%. […] Read more »
From Cliffwater LLC The views expressed herein are the views of Cliffwater only through the date of this report and are subject to change based on market or other conditions. All information has been obtained from sources believed to be reliable, but its accuracy is not guaranteed. This report is being distributed for informational purposes […] Read more »
By Daniel Stern, Cliffwater LLC There has been much speculation this year on the difficulty equity long/short managers have been having shorting stocks. In fact, a number of managers tracked by Cliffwater have commented on the challenges of shorting stocks with high short interest which have dramatically outperformed the broader markets. Goldman Sachs maintains a […] Read more »
For some time there have been questions raised about the sustainability of the business models of funds of hedge funds as a category. There is no doubt that they will continue to exist and that there will be winners as well as losers. But the rising tide of assets in the hedge fund industry is […] Read more »