If you blindly bought a managed-futures, multialternative, long-short equity, or market-neutral fund over the past five years, there’s about a 33% chance the fund no longer exists.
Death is a Way of Life for Liquid Alternatives – (Morningstar)
The $8bn pension to make a decision in September on adding strategy
San Diego fund eyes alt risk premia, managed futures – (CTA Intelligence)
While experts are hesitant to call out “good” and “bad” alternatives, the strong message is that alternatives are what you make them.
Clearing the air around Alternative Investments – (Money Management)
But super low-cost stock index replication is not the same as replicating more complex hedge fund strategies
Low Fees Doesn’t Trump Low Performance – (RCM’s Attain Alternatives Blog)
If the fund companies that sponsor liquid alternatives funds admit through their actions to their failure, who am I to argue? That debate is over. Now is time for the post-mortem.
Why Mutual Funds Can’t be Hedge Funds – (Morningstar)
The company announced on Wednesday that it has already raised $1.5 billion for the Global Energy and Power Infrastructure Fund III.
BlackRock plans its largest ever alternative investment fundraiser – (Reuters)
Whether “this time it’s different” is the subject of intense debate. Hedge funds and speculators had built up a record net short position in 10-year Treasuries futures earlier this month, but reduced that fairly substantially last week.
Hedge funds pin macro hopes more on U.S. yield curve than dollar: McGeever – (Reuters)
