Hedge Fund Land: An Expensive Amusement Park?
In a series of articles, we have addressed two recent investment “fatigues” experienced by institutional investors: Active vs. Passive; and Global (ACWI) vs. US benchmarks. In this article, we tackle...
CIO Roundtable: Is the Endowment Model a Crowded Trade?
Stuck in the past or ever-evolving? The endowment model gets a hard look eight years into the current market cycle. With core tenets of the endowment model seemingly under stress for the last several...
Unhedged Commentary: The $3 Trillion Question
Reprinted from Institutional Investor’s Alpha Spring 2016 issue The growth of the hedge fund industry over the past decade has been tremendous, with more and more institutional and retail investors...
Fiscal Year-End and Mid-Year 2020 Market and Investment Review