Insights

Dr. Matthias Hagmann is a Product Manager at Systematica Investments. His research is published in high-profile academic journals such as Econometrica and the Journal of Econometrics. We discuss his thoughts on alternative CTA strategies ...

The market downturn last year presented a vortex of formidable challenges to investors. Most significantly, the rapid decline in prices for publicly-traded securities bred the emergence of portfolio imbalances. This created an unexpected ...

The US government technically ran out of money on January 19, 2023. The Treasury activated temporary “extraordinary measures” to meet the government’s fiduciary obligations. Federal employees, pensioners, the military, Medicare, and other ...

Dr. Vikas Agarwal is a Bank of America Distinguished Chair and Professor of Finance at Georgia State University. He’s recognized for decades of excellence, with prize winning papers, in Hedge Fund research. He shares his thoughts on ...

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). ...

Since the GFC, a combination of prolonged ultra-low interest rates to sustain economic growth and fiscal and monetary backstops at times of trouble has helped support earnings growth and appreciating valuations, ultimately fueling the ...

Multi-PM platforms have experienced a surge in popularity driven by strong risk-adjusted performance and alpha generation capabilities. However, with higher fees and expense pass-throughs, investors are left wondering: is it worth the ...

Mr. Ren Wu is a senior hedge fund risk officer with decades of experience across multi-strategy funds across North America and Asia. He discusses the nuances of risk management in the current market environment and the changing face of ...

Financial research has established that the number of investable factors and assets is limited, and fund exposure to these factors can fluctuate over time. Hedge funds and mutual funds invest in various markets, such as equity, bond, ...