By ChatGPT The following article was produced solely by Open AI’s generative artificial intelligence ChatGPT using only publicly visible sources. The software has a limited knowledge of the world after 2021. The model can generate incorrect information, getting answers wrong or misunderstanding what you are trying to ask it. A series of prompts were input (shown in bold) […] Read more »
Active Credit Managers – Long/Short Credit Funds have Leptokurtic Return Distribution
From the paper by Diogo Palhares & Scott Richardson: “Looking Under the Hood of Active Credit Managers” (Financial Analysts Journal, 2020) Credit investors beware: actively managed credit hedge funds may provide more beta than expected and mutual funds too little. This paper investigates just how much traditional risk premia is responsible for active credit manager fund returns. […] Read more »
Graphic of the Day: CTA Launches Surpassed by Liquidations
The number of active CTAs peaked in 2013, five years after their banner year of 2008. The peak of CTA launches was in 2012. The trend of more liquidations than CTA launches began in 2016 and the net decline has accelerated since. Read more »
Large Hedge Funds Bear The Brunt of Redemptions – Graphic of the Day
A Q&A With A Hedge Fund Investment Genius (Self Declared)
From the Publisher HFI is fortunate to bring you an exclusive to start 2019. The New Year begins with a revealing Q&A with hedge fund genius Simon Henriksen, CIO and CEO of London-based spin-out Henriksen Asset Management (aka HAM). Whilst every effort has been made to ensure a high level of accuracy in the following, […] Read more »
Elliott Tops The Activist Top 10 For Third Year In A Row
Data source: The Activist Investing Annual Review 2018 produced by Activist Insight in association with Schulte Roth & Zabel (SRZ). Elliott Management tops “The Activist Top 10” for the third year in a row. Activist Insight selects the list based on the number of campaigns, average size of targets, news stories generated and annualized returns. “The Activist Top […] Read more »
Former AHL and Graham Capital Stars Bostock and Crooks Leave Trium Capital Platform
By Hedge Fund Insight staff Quantitative Strategic Investments (QSI) the London-based systematic global macro hedge fund manager is no longer operating from the Trium Capital platform. The co-CIO’s of QSI, Lee Bostock and Simon Crooks had worked together at Graham Capital’s London office and founded QSI in 2013. Trium backed a fund run by QSI, which […] Read more »
Nov 15 Was Peak of QE Impacts
From Grant Williams‘ commentary Things That Make You Go Hmmm In years to come, when financial historians look to pinpoint the precise moment in time when the excesses of Quantitative Easing reached their apex, I suspect that November 15th, 2017 may well be the date upon which they settle. On that Wednesday, on opposite sides of […] Read more »
China Hedge Funds Top Rankings in 2017
SOURCE: HSBC related content: Hong Kong and Singapore Based Managers Take Share of Asian Hedge Funds (Nov 2017) Churning of Asian Hedge Funds Takes Its Toll (Sep 2017) Market Shares in Prime Brokerage and Fund Administration of Asian Hedge Funds (Oct 2015) Does the Absence of Marketing at Quantedge Capital Matter? (Aug 2014) Read more »
Annual Gold Chartbook Highlights
From Ronald-Peter Stoeferle and Mark J. Valek, Incrementum AG This is our 11th annual “In Gold we Trust” report – this year disseminated to more than 1.5 million people. The first graphic extracted looks at Fed policy, 10 Year Treasury Yields and gold: Obviously, not all our readers had time to read the entire 160+ pages. We therefore decided to put […] Read more »