By Hedge Fund Insight staff BlackRock has had a strategic goal of stimulating and meeting retail demand for alternatives for some years. BlackRock launched its first alternative fund for retail investors in 2011 – the year that Morningstar first gave long/short debt funds their own category. The commercial strategy has had several components – […] Read more »
Factoids on Funds of Hedge Funds
NOTES ON BUBBLES: 1. Net return gaps 330 bps (5-year), 210 bps (3-year), 160 bps (1-year). FoHFs offer lower volatility than single managers (lower standard deviation) and their correlation to broad indices on a 1-, 3- and 5-year basis is lower than single managers. 2. The traditional 1 & 10 fee model is no longer […] Read more »