Archive for January 2009


Research finds that small HF investment minimums equal small HF investment returns

Jan 29th, 2009 | By Alpha Male | Filed under: Academic Research, Editor's Pick, Today's Post

A study shows that hedge funds with a high ($1m+) minimum investment level tend to do better than those with a smaller minimum investment. Good for institutions - but not for retail investors.


More evidence of indiscriminate hedge fund redemptions

Jan 28th, 2009 | By Alpha Male | Filed under: Featured Post, Today's Post

Morningstar data published on Wednesday shows that cash-hungry hedge fund investors started bailing out of even the best-rated hedge funds in November.


Let The Data Set You Free

Jan 27th, 2009 | By Alpha Male | Filed under: Hedge Fund Industry Trends, Today's Post

Data contained in Credit Suisse's new 2008 hedge fund year-in-review challenges some of the assumptions that have recently come to pass as fact.


Hedge fund start-ups, the engine driving industry’s creative renewal, forced to adapt

Jan 26th, 2009 | By Alpha Male | Filed under: Editor's Pick, Today's Post

Hedge fund seeding is back in the news this week. But unlike a year ago, the news is not all that good.


Despite operational risk reporting standards, chasm remains between hedge fund investors and managers

Jan 25th, 2009 | By Alpha Male | Filed under: Hedge Fund Industry Trends, Today's Post

A study released on Friday shows that investors have always been concerned about hedge fund transparency. But a closer look reveals that investors value different types of transparency to very different extents than their managers.


Predicting alpha: Not that hard after all finds new study

Jan 22nd, 2009 | By Alpha Male | Filed under: Academic Research, Performance, Analytics & Metrics, Today's Post

A new study adds fuel to the debate over whether you can actually predict which money manager will produce alpha.


More evidence of asset management “convergence”

Jan 21st, 2009 | By Alpha Male | Filed under: Institutional Investing, Today's Post

New evidence emerged last week of what may be the defining trend in the asset management industry this year: convergence.


Performance fees: As old as portfolio management itself?

Jan 20th, 2009 | By Alpha Male | Filed under: Investment Management Fees, Today's Post

With a new calendar year re-setting the performance fee "clock", the topic of hedge fund fees is once again on the agenda. And history suggests that fees will also be on the agenda for years to come.


Jaeger predicts year of alternative beta, the death of “black boxes.” Advocates “scenario based” portfolio construction.

Jan 19th, 2009 | By Alpha Male | Filed under: Guest Posts, Today's Post

Hedge fund industry watcher and alternative beta advocate Lars Jaeger of Partners Group provides us with his hedge fund predictions in this AllAboutAlpha.com exclusive.


News Roundup: HF demise “exaggerated”, attrition data unremarkable, AUM rewinds to ‘04

Jan 18th, 2009 | By Alpha Male | Filed under: AAA Newsreels, Today's Post

Just when the fate of the hedge fund industry seemed fixed, several news items remind us that all bets are still off.


Report says that after 2008, “the case for LDI has moved from the head to the heart”

Jan 15th, 2009 | By Alpha Male | Filed under: Liability Driven Investing, Today's Post

Russell Investments says LDI has been moving slowly from academic journals to the mainstream. But 2009 will the the year when attitudes really change.


Academic study finds hedge funds more likely to sail into the sunset than go down in blaze of glory

Jan 14th, 2009 | By Alpha Male | Filed under: Academic Research, Hedge Fund Industry Trends, Today's Post

A new research paper confirms that despite what is often reported in the media, hedge fund flame-outs are the exception, not the rule.


Survey finds “death of alpha (and its pursuit) is clearly premature.”

Jan 13th, 2009 | By Alpha Male | Filed under: Investment Management Fees, Today's Post

If a penny saved is a penny earned, then a basis point saved is also a basis point (of alpha) earned.  So fees obviously matter.  That’s why consultancy bfinance recently polled institutional investors on their feelings about investment management fees.  To the sure disappointment of funds of hedge funds, the firm found that 60% of [...]


Mr. Baker goes (back to) Washington

Jan 12th, 2009 | By Alpha Male | Filed under: Today's Post

The new head of the US hedge fund lobby group, the Managed Funds Association (MFA) is locked and loaded. And on February 2, he'll be back in his old house.


Ponzipalooza

Jan 11th, 2009 | By Alpha Male | Filed under: Media Coverage of Hedge Funds, Today's Post

Now everyone from pensions to governments to legitimate hedge funds are in the Ponzi game. Given this, we guess it shouldn't be that hard for the SEC to rack-up the score.