Shaking up hedge funds

Tremont Advisers, one of the largest hedge fund of funds, has taken an aggressive risk management approach in an industry long accustomed to sleepy high-net-worth investors. Will it pay off? Gallagher Polyn reports


Founded in 1984, Tremont, a subsidiary of OppenheimerFunds, a $120 billion asset manager based in Rye, New York, is one of the oldest and largest players in the hedge fund of funds industry. Under Cynthia Nicoll, director of risk management at the $8.4 billion fund, Tremont has over the past two years taken a strong stance favouring risk transparency for hedge funds.

The often-complex investment profiles and secretive natures of hedge funds makes funds of funds’ risk management, asset allocation

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 or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options

The new rules of market risk management

Amid 2020’s Covid-19-related market turmoil – with volatility and value-at-risk (VAR) measures soaring – some of the world’s largest investment banks took advantage of the extraordinary conditions to notch up record trading revenues. In a recent…

ETF strategies to manage market volatility

Money managers and institutional investors are re-evaluating investment strategies in the face of rapidly shifting market conditions. Consequently, selective genres of exchange-traded funds (ETFs) are seeing robust growth in assets. Hong Kong Exchanges…

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here