Relative value hedge funds have taken a serious battering in 2008. It was one of the worst-performing strategies. Although designed to be one of the least volatile and safest strategies, capable of producing solid returns even in difficult and volatile markets, relative value has disappointed managers and many investors by posting negative returns.
A combination of factors has led to falling returns prompting redemptions among investors. Despite this, hedge fund managers using this strategy are
The week on Risk.net, December 9–15 2017Receive this by email