Hedge Fund Survey: The hedge fund industry continues to mature, and new practices have now almost entirely superseded the old hedge fund model. Those that survived the financial crisis are looking ahead and focusing on growth with a resigned acceptance of regulatory and reporting intrusions.
With maturity, the normal tribulations of managing large, diverse businesses have arisen. Hedge funds must now relentlessly focus on operational efficiency and costs to maintain margins.
The industry is also experiencing polarity, with the largest firms succeeding thanks to size and scale and the smallest thriving by virtue of simplicity. The middle ground, on the other hand, looks quite challenging.
Einhorn’s FOF Re-positions Portfolio, Makes New Seed Investment In Year Marked By “Speculative Exuberance”
It has not just been rough year for David Einhorn's own fund. Einhorn's Greenlight Masters fund of hedge funds was down 3% net for the first half of 2020, matching the S&P 500's return for those six months. In his August letter to investors, which was reviewed by ValueWalk, the Greenlight Masters team noted that Read More
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