Skill-Based Investing Being Squeezed Out Of The Hedge Fund Industry

By Peter Douglas of GFIA, with an introduction by Simon Kerr   When Richard Hills wrote “Hedge Funds: An Introduction to Skill-based Investment Strategies” in 1996 the hedge fund industry consisted of relatively few firms dominated by the idiosyncratic talents of their seasoned leaders. The landscape today is very different – many of the investment […] Read more »