Ownership data key to picking top fund managers, says Novus

Instead of focusing only on past performance and returns, investors can identify top hedge fund managers by analysing positions disclosed to regulators, according to a study by Novus Partners

Ownership data, which can be sourced from government bodies such as the Securities and Exchange Commission and the Financial Conduct Authority, as well as from exchanges and data providers, enables investors to assess how returns are generated and who the most skilled managers are at producing them consistently, according to a new study.

The study from New York-based Novus, a portfolio intelligence platform with more than $2 trillion in client assets under management, focuses on three major skill