Why Emerging Hedge Fund Managers Outperform

Andrew Beer, Chief Executive Officer of Beachhead Capital, wrote an excellent research note recently affirming that the widely known conception that emerging hedge fund managers outperform their more seasoned and larger peers was supported by the available data.

This graphic is the nub of the explanation of why this can happen in the case of equity long/short managers.

Emerging Manager - Beachhead Table

 source: Beachhead Capital


The whole research paper is available at http://www.beachheadcapital.com/index.php/articles

Reproduced with the kind permission of the author.