Several hedge fund replication products have been launched over the past three to four years.
Consequently a substantial number of products have build up a sufficient track record for …

Several hedge fund replication products have been launched over the past three to four years.
Consequently a substantial number of products have built up a sufficient track record for …

Hopes were high some years ago that hedge fund replication products would be for hedge
fund investments something akin to what index funds have been to equity investments. …

The hedge fund replication refers to the process of replicating, or cloning, the returns of
hedge funds through a statistical model or algorithmic trading strategy. There are three …

Although assets invested in hedge funds have grown steadily in recent years there still does
not exist a consensus allocation framework among institutional investors. Despite the …

Purpose – Hedge fund replication gained considerable attention during the period surrounding
2007 when it was anticipated to become for hedge fund investors what index funds are …

The Wealth Management (WM) industry is in transformation and yet, unlike institutional
investors, there is no dedicated investment model to guide through this transformation. The …

A powerful investor trend towards passive over active management seems to have become
the new normal in the investment industry. The passive “end of history” thesis has a kernel of …

In the world of investing, diversification is usually regarded as the only true free lunch.
Market efficiency, an even more crucial free lunch, is taken for granted. Market efficiency is …

Publisher Summary This chapter highlights the central role played by short selling in an
institutional investor's portfolio. Introducing short selling in an asset allocation framework can …