Eric Debonnet, Theam
One of the most difficult aspects of running a hedge fund is probably managing the cyclical nature of performance figures. Most hedge funds do not achieve a positive performance every month – in fact, not even every year. This is true for all the main hedge fund strategies.
There are several reasons for this, ranging from market conditions to the difficulties managers have in consistently choosing the right positions
The week on Risk.net, December 9–15 2017Receive this by email