Number of crypto hedge funds surges
Source – Reuters
How Active Managers Are Fighting Back
In a world where investors are flocking to dirt-cheap index funds and comparatively low-cost smart-beta and quantitative options, active managers are under intense scrutiny to outperform — and earn their heftier fees. To that end, they’re looking to a slew of new tools, including portfolio analytics software, to help them gain an edge in the…
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Why Would You Do That?
The previous post about bear market funds and the difficulties they have faced during the current spectacular US bull market fascinated me. My central point of interest is based around the question – why would you bother? There are a few conflicting points that come to mind. Markets in general have strong upward bias. However,…
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Sensation-Seeking Hedge Fund Managers
Abstract Using a novel data set of hedge fund manager automobile purchases, we show that, motivated by sensation seeking, hedge fund managers often take risk for personal and non-pecuniary reasons. In line with the sensation seeking view, managers who own powerful sports cars take on more investment risk but do not deliver higher returns, resulting…
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Its The Same Old Song
I caught a piece in Bloomberg this morning that had FX traders lamenting the lack of volatility in FX markets this year and using that as an excuse for their lack of profitability. Upon seeing this I thought to myself that this sounds awfully familiar amd it does – it is the classic I dont…
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How Big is the Hedge Fund Industry?
Over the past 20 years, hedge funds have gained almost mythic status. Loved and loathed, they are held to be sharply distinct from the broader asset management industry. The fortunes of the best-known firms are followed with great interest. There is nothing that definitively marks hedge fund managers apart from other investment managers, however. Instead,…
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Apparently It Is The End Of The World……Again
I caught a news snippet on the radio on the way back from the gym and the way they were talking it sounded as if all domestic banks had dropped to zero, shut up shop and someone had come around and kicked the MD’s puppy to death. Doesnt look like it according to the reality…
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