The biases that inflate the performance of hedge funds have been well documented in the financial literature. Survivorship bias, which results from the ex-post exclusion of unsuccessful funds from databases, and backfill or instant history bias, which occurs when the
Northern Trust has introduced a feature that enables fund of hedge fund managers to assess the impact of gates on their liquidity in real time.
The bull run in commodities is set to continue for at least another five years, offering long-only investors better growth potential than any other asset class, according to managed futures fund manager, Dighton Capital Management. Bonds and property are all
The RBC Hedge 250 Index had an estimated net return of 2.37 per cent in April, bringing the year-to-date return to 2.60 per cent.
Bill Miller (pictured), Chairman and CIO of Legg Mason affiliate Legg Mason Capital Management, believes US large cap equities are significantly undervalued and that the S&P 500 could deliver as much as 15% growth in 2011. Financial stocks will be
Independent fund administrator Amicorp Fund Services has expanded its global footprint by opening a fully fledged office in Malta. The Malta company, Amicorp Fund Services Malta Ltd, which recently got its licence by the MFSA, will assist international promoters and
The Morningstar 1000 Hedge Fund Index rose 3.4 per cent in April-the largest one month-return since January 2006-bringing hedge fund returns into positive territory for 2009.
For the second month in a row the best performing strategies and funds in the Australian Fund Monitors index were some of the worst performers of 2008.
The Lyxor Global Hedge Fund index, an investable index based on Lyxor’s hedge fund platform which tracks the overall hedge fund universe, was down -0.45 per cent in April.
