QIS: A Liquid Alternative to Multi-Manager Hedge Funds?

Multi-manager hedge funds have offered very attractive returns at relatively low risk levels over the past few years. As a result, they have captured the attention of numerous investors, leading to an ongoing influx of assets under ...
Read more
10 min read

Most popular

Structured Credit: Why SRT and CLO Are Different GamesHow Hedge Funds Are Really Using Generative AI — And Why It Matters for Manager SelectionTotal Portfolio Approach: A Holistic Framework for Modern Asset AllocationThe 27 Biggest ODD Failures That Shook FinanceHedge Funds, Repos, and the Hidden Plumbing of LeverageDispersion Trading and the DSPX Index

The Secret Sauce to Source Multi-Manager Funds

Multi-manager funds have recently experienced remarkable growth in terms of asset acquisition. The rationale behind investors increasingly allocating their hedge fund investments towards these funds is understandable; they consistently ...
Read more
6 min read

The Myth of Talent in Multi-PM Platforms: Unraveling the True Drivers of Alpha Generation

Over the past few years, Multi-PM platforms have gained significant traction due to their ability to deliver high returns, low volatility, and minimal correlation to equity markets (refer to The Exclusive Club of Multi-PM Hedge Funds). ...
Read more
7 min read

Resonanz insights in your inbox...

Get the research behind strategies most professional allocators trust, but almost no one explains.

TEST_The Myth of Talent in Multi-PM Platforms: Unraveling the True Drivers of Alpha Generation (Clone)

Over the past few years, Multi-PM platforms have gained significant traction due to their ability to deliver high returns, low volatility, and minimal correlation to equity markets (refer to The Exclusive Club of Multi-PM Hedge Funds). ...
Read more
7 min read

Higher Frequency Hedge Fund Returns

Most hedge funds report returns only with lower frequency, e.g., weekly or monthly. Yet, many market events play out during a few days only. This imposes the risk that one might miss important dynamics when looking at a time series of ...
Read more
9 min read

Hedge Fund Returns And Alternative Risk Premium Factors

In two previous posts (Identifying Alternative Risk Premium Factors and Alternative Risk Premium Factors), we outlined how Quantitative Investment Strategy indices (QIS) can be used to construct common alternative risk factors that contain ...
Read more
8 min read

Alternative Risk Premium Factors

In a previous post (Identifying Alternative Risk Premium Factors), we outlined how bank risk prima can be used to construct common alternative risk factors that contain largely orthogonal information. These risk factors are based on ...
Read more
8 min read

Identifying Alternative Risk Premium Factors

Why Do We Need (New) Risk Factors? In determining a fund’s ability to generate alpha, or in evaluating a fund’s market risk, the sensitivity of the fund to risk factors is usually considered. In 2004, Fung and Hsieh proposed to measure a ...
Read more
5 min read

Fund Uniqueness

How Unique Is My Investment? When making an investment decision, it is important to assess the attractiveness of a potential investment not only on its own, but also in relation to the existing portfolio. The ideal investment offers an ...
Read more
7 min read
First Prev3 / 3