Should hedge funds be sold as alpha generators?

Risk staff
01 Sep 2005

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

The dramatic growth in hedge fund assets under management, largely driven by institutional investors, has been supported by active marketing to differentiate hedge funds from their long-only cousins.

Traditional managers market their funds by describing them in reference to a benchmark. The beta versus this benchmark defines the level of defensiveness or aggressiveness and outperformance against the benchmark characterises the value added by the manager. In such an MPT paradigm, fund return =

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to print this content. Please contact [email protected] to find out more.

You are currently unable to copy this content. Please contact [email protected] to find out more.

You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]

You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]