The Index Revolution (Finally) Comes To Hedge Funds20220415101354
The Index Revolution (Finally) Comes To Hedge Funds
April 15, 2022Researchfeatured, Liquid Alts, Replication, SEI Liquid Alternative
Photo by Pierre Herman on Unsplash The index revolution in hedge funds is here! Well, actually, it arrived fifteen years ago -- but established allocators spent the first decade or so fighting it tooth and nail to prevent it from spreading and, in the process, tried their damnedest to convince every...
Did Morningstar Just Make The Case For Hedge Fund Replication?20210920153300
Did Morningstar Just Make The Case For Hedge Fund Replication?
September 20, 2021Researchfeatured, Liquid Alts
Photo by Javier Allegue Barros on Unsplash Morningstar recently published two comprehensive reports that should be required reading for anyone interested in the liquid alternatives space. The 2021 Global Liquid Alternatives Landscape tackles the difficult experience of most investors in the space d...
How Hedge Funds Became The New Fixed Income Substitute20210908051816
How Hedge Funds Became The New Fixed Income Substitute
September 8, 2021Researchfeatured, Fixed Income, Hedge Funds
Photo by Brett Jordan on Unsplash Almost overnight, allocators started to swap out fixed income exposure for hedge funds. What’s driving this? Two trends: after large and sudden drawdowns in both 2020 and 2021, many allocators simply want out of traditional fixed income; meanwhile, with alpha bac...
Wrestling with the Hedge Fund paradox20210611155650
Wrestling with the Hedge Fund paradox
June 11, 2021Researchfeatured, Hedge Funds
Absolut Alternative, a German periodical focused on institutional investors, asked DBi to write a comprehensive history of the liquid alternative space. This is the English version of an article titled, Herausforderung Hedgefunds-Paradoxon, that was published in May 2021.The twenty year effort to cr...
With Inflation on the Horizon, How Can Retail Investors Protect Themselves?20210223092038
With Inflation on the Horizon, How Can Retail Investors Protect Themselves?
February 23, 2021ResearchCTAs/Managed Futures, inflation
Managed Futures Strategies Might Hold the KeyPhoto by Alexander Schimmeck on UnsplashLegendary macro investor Stan Druckenmiller recently laid out a scenario where 4-5% inflation in the near term is possible or maybe even probable. Fiscal stimulus, the “biggest increase in pent up demand gl...
Dusting Off Graham and Dodd? Hedge Funds Say the Value Rotation is Real20210112155847
Dusting Off Graham and Dodd? Hedge Funds Say the Value Rotation is Real
January 12, 2021Researchfeatured, Hedge Funds, Value Investment
Have hedge funds bought into to the much-discussed value factor rotation that began in the Fall? The short answer is yes, in a big way.Strategies that replicate portfolios of hedge funds using factor models can determine how hedge funds are positioned today across major equity markets, and how those...
Hedge Funds Are Back!20201130122213
Hedge Funds Are Back!
November 30, 2020Researchfeatured, Hedge Funds
Pundits love to beat up on hedge funds these days. The glory days are long gone, they argue, and investors should stick to low cost, passive investments like the S&P 500. For nearly every fund that proved its mettle during March, another two imploded. H...