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From Richard Wilson Hedge Fund Blog - view blog entries - visit this blogMay 11, 2020 at 12:00 pm ET
Short SellingShort Selling & Hedge FundsLast week I got a Hedge Fund Group (HFG) related email from a short selling hedge fund research provider, Rob MacArthur. I have exchanged several emails with Rob regarding the types of hedge fund managers he providers his research to and found this whole subject interesting enough to write a quick article about it.The first hedge fund created was labeled so because each long position was hedged with a matched with a short. Today in the hedge fund industry many hedge funds still hedge each position in some manner, but many other ... ( more)
From Richard Wilson Hedge Fund Blog - view blog entries - visit this blogMay 11, 2020 at 9:18 am ET
Policy EffectPolicy Effect DefinitionThe policy effect is the measure of the returns between the portfolio which sticks to a set guideline of investing vs. a neutral market position.While policy effect statistic alone isn't extremely exciting, the issue of how long you can accurately measure and rely upon the policy effect is more important. For example, if you are an analyst trying to the "best" global macro hedge funds for your firm's portfolio you will probably be looking at ... ( more)
From Richard Wilson Hedge Fund Blog - view blog entries - visit this blogMay 10, 2020 at 10:56 am ET
Third Party MarketingThird Party Marketing Due DiligenceHedge funds conducting due diligence on a third party marketing firm should always ask questions about the firm and their employees. Evaluating a potential marketer should be as rigorous as completing a RFP for an institutional consultant. A partnership is being formed, and investing time and money with the wrong professionals can be expensi ... ( more)
From Richard Wilson Hedge Fund Blog - view blog entries - visit this blogMay 9, 2020 at 7:44 am ET
Hedge Funds ReturnsApril 2008 Hedge Funds ReturnsHedgeFund.net just released the returns of hedge funds in their for April 2008. In short the average hedge fund manager gained some meaningful ground while energy funds took off, overall most hedge fund managers are still weighed down though by poor Q1 performance. I skimmed through and have pulled out a few of the highlights below:The comprehensive HedgeFund.Net database reveals that Hedge Fund Aggregate Average increased by 1.96% in April.The energy sector funds were the best performing funds in April, improving with a Energy Sector Average of +5.70% last month.The spike ... ( more)
From Richard Wilson Hedge Fund Blog - view blog entries - visit this blogMay 8, 2020 at 7:52 pm ET
Independent Investment ResearchIndependent Investment Research FirmOver the past year of running this hedge fund blog, I have came in touch with a few independent investment research firms which specialize in several areas -providing short selling, emerging markets, and/or regulatory based research. Each investment firm provides weekly, monthly and/or quarterly reports on the market from their perspective and area of expertise. One unusual cycle-based investment research firm I have recently connected with is Charles Nenner Research.Charles Nenner is a Medical Doctor and a Professor of Financial Markets at Touro College. You might already know him after seeing him recently on Bloomberg ... ( more)
From Richard Wilson Hedge Fund Blog - view blog entries - visit this blogMay 7, 2020 at 7:16 pm ET
Hedge Fund Risk AnalysisHedge Fund Risk Analysis Table When discussing risk management in the hedge fund industry, obtaining a clear definition of the different types of risk exposure for each kind of hedge fund is important. Considering the wide range of objectives and diverse trading instruments used by each specific type of hedge fund, it is important to note the varying risk concerns which apply to different types of hedge fund managers.A good consolidation of the results in a matrix form was developed by ... ( more)
From Richard Wilson Hedge Fund Blog - view blog entries - visit this blogMay 7, 2020 at 6:53 am ET
Hedge Funds in New YorkList of Hedge Funds in New YorkSchwab Enterprises just recently released their "Top New York Hedge Funds List" through their website. They built this list of hedge funds by only considering New York hedge funds that are stand alone entities, have more than a 5 year track record and manage over $1 Billion of assets.Their list of top hedge funds in New York City is below, and here is the direct link t ... ( more)
From Richard Wilson Hedge Fund Blog - view blog entries - visit this blogMay 6, 2020 at 9:43 pm ET
Hedge Fund AdministratorsTop Hedge Fund AdministratorsThe following is a list of recommended hedge fund administrators who offer services to hedge funds, fund of hedge funds and private equity funds. While the performance of their services cannot be guaranteed by this hedge fund website, we only work with a very small number of well established reputable firms in the industry. Here is information on 3 of the top hedge fund administrators in the industry:Top Hedge Fund AdministratorsBGT Consulting LLC provides outsourcing solutions to hedge funds, fund of funds, private equity funds and investment management companies. The services provided includes fund ... ( more)
From Richard Wilson Hedge Fund Blog - view blog entries - visit this blogMay 6, 2020 at 7:17 am ET
Hedge Funds LondonGuide to Hedge Funds in LondonI am slowly building up short geographical guides to the hedge fund industry by region and city having already started a guide to hedge funds in New York I thought it would now make sense to provide 15-20 resources on hedge funds in London. These geographical guides to hedge funds will always be works in progress as I add new resources every quarter related to, in this case, hedge funds in London. Down the road I will be creating guides to hedge funds in Australia, Canada, Asia, Singapore, Indonesia, France, Italy ... ( more)
From Richard Wilson Hedge Fund Blog - view blog entries - visit this blogMay 5, 2020 at 7:35 am ET
Hedge Fund Administrator5 Questions Hedge Fund Administrator QuestionsHere are the top 5 questions to ask when selecting a hedge fund administrator:What is your client or hedge fund relationship history/service track record?What is the range of assets under your management--what is the largest and smallest client AUA (assets under administration)?What are the most common hedge fund strategies serviced?What is your client service model?Can I have a list of your references--including clients, ... ( more)
From Richard Wilson Hedge Fund Blog - view blog entries - visit this blogMay 2, 2020 at 9:25 pm ET
Commercial Real Estate BrokersCommercial Real Estate Brokers List Here is a list of commercial real estate brokers who have worked with hedge fund managers in the past in locating office options for hedge funds in New York, NJ and other cities within the US/London.Robert Kluge - NAI Global is one of the premier Commercial Real Estate firms in the world, completing over $45 Billion in transactions last year. With over 375 offices in 55 countries, we have the global reach to provide real estate solutions anywhere in the world, including financial hubs like New York, London, San Francisco, Tokyo, H ... ( more)
From Richard Wilson Hedge Fund Blog - view blog entries - visit this blogMay 2, 2020 at 7:34 am ET
Hedge Fund NewsHedge Fund News Websites I decided early on that instead of competing with the 82 other hedge fund websites pumping out news by the hour I would leave that up to the professionals that have been doing a great job at this over the past years. I try to focus 80-90% of my articles on educational articles, trend analysis, book reviews, interviews and strategy explanations. For those of you who are looking for the best sources on ... ( more)
From Richard Wilson Hedge Fund Blog - view blog entries - visit this blogMay 2, 2020 at 7:16 am ET
Top 10 Hedge Fund CitiesWhere Are All The Hedge Funds?I recently found this list put together by Thomson Financial which shows where the majority of hedge funds are based. I believe this list was created in early 2007 so it may be a little outdated now, for example, I question the place as London coming up as only the 6th most popular city for hedge funds. It is interesting that places like Dallas and Los Angeles even made this list thoughTop 10 Hedge Fund CitiesNew YorkGreenwichSan FranciscoBostonChicagoLondonDallasStamfordLos AngelesWestport- RichardSubscribe To this Blog via Email | ... ( more)
From Richard Wilson Hedge Fund Blog - view blog entries - visit this blogMay 1, 2020 at 6:59 am ET
Pension Fund InvestmentPension Fund Investment TrendI just found this interesting new article about how pension funds are starting to follow the lead of endowments in increasing the diversity of their investments, and doing so in part by allocating more of their portfolios to hedge fund managers and alternative investments in general. The average endowment currently allocates 12.9% of their portfolio to hedge funds while the average public fund allocations just 1.1% and corporate plan 1.6% according to this latest report.&l ... ( more)
From Richard Wilson Hedge Fund Blog - view blog entries - visit this blogApril 30, 2020 at 7:14 am ET
Hedge Fund JobHedge Fund Job ResourcesEmail: Richard, What resources do you have on your blog related to getting a hedge fund job?Here are some relevant articles:Hedge Fund JobsTop 4 Hedge Fund Career TipsHedge Me Book Review6 Steps to your first hedge fund jobHedge Fund Job Advice ... ( more)
From Richard Wilson Hedge Fund Blog - view blog entries - visit this blogApril 29, 2020 at 10:39 pm ET
Hedge Fund InvestorsAttracting Hedge Fund InvestorsI recently received this email...Richard, I am involved in the management of a new hedge fund that we started last year. Our hedge fund's strategy is a combination of stock and derivatives. Our goal is 30%+ growth per year, and thus far, we are right on track. What I wanted to ask you is this: Are these types of earnings competitive within the hedge fund world? If we continue with this kind of performance, would this type of growth be attractive to third party marketers?John, If you could sustain 20%+ ... ( more)
From Richard Wilson Hedge Fund Blog - view blog entries - visit this blogApril 29, 2020 at 10:05 am ET
Hedge Fund Best PracticesHedge Fund Best Practices ComparisonI am taking a poll to see how many people would be interested in seeing a full gap analysis and overview of the differences between the President's Working Group and the Hedge Fund Standard's Board best practices recommendations. I have a hedge fund regulation guru friend from the UK who has offered to help me write this piece in great detail if there is a strong interest in this subject.If you would like to see a detailed article analyzing these two best practices recommendations please note your response within the new poll that ... ( more)
From Richard Wilson Hedge Fund Blog - view blog entries - visit this blogApril 28, 2020 at 7:33 am ET
Hedge Fund SalariesRecent Hedge Fund Salaries ArticleOne of the most popular economics blogs today is The Big Picture which recently published a story on hedge fund salaries. Last year each of the top 10 earners brought home over $500M each 5 hedge fund managers earning over $1B in profits.I happen to agree with The Big Picture's take on this issue which you can read about here if you have a minute.- RichardSubscribe To this Blog via Email | Or RSS ... ( more)
From Richard Wilson Hedge Fund Blog - view blog entries - visit this blogApril 27, 2020 at 11:25 am ET
Appraisal RatioAppraisal Ratio DefinitionThe appraisal ratio is use by fund of fund portfolio managers or hedge fund consultants but is less often seen on a standard 1-2 page hedge fund analytics reports. You find the Appraisal Ratio by taking the alpha of the hedge fund portfolio and dividing it by the non-systematic risk of the portfolio. The result is a ratio that measures the abnormal returns per unit of ... ( more)
From Richard Wilson Hedge Fund Blog - view blog entries - visit this blogApril 25, 2020 at 10:38 am ET
Hedge HuntersHedge Hunters by Katherine BurtonDuring my recent travels to London, I quickly finished this very enjoyable read of the hedge fund industry’s movers and shakers. Hedge Hunters: Hedge Fund Masters and the Rewards, the Risk and the Reckoning, which provides an overview of the hedge fund industry, gives an in-depth look at the behind the scenes of the world’s largest and most successful hedge funds, as of the summer of 2007. The book presents interviews with some of the leading portfolio managers from hedge funds over the last twenty-five or so years.The book’s author, Katherine Burton, is a Bloomberg ... ( more)
From Richard Wilson Hedge Fund Blog - view blog entries - visit this blogApril 23, 2020 at 9:25 pm ET
Investment BooksHedge Fund & Alternative Investment Book ReviewsSince starting this blog last year I have published several reviews of books that either directly discusses alternative investments or presents powerful business lessons which can be directly applied to the hedge fund industry. I will continue to do so and will use this page to organize all of these book reviews in one place. If you have read a great book and don't see it below please send me an email with your book summary and I will publish it here on my Hedge Fund Consulting Blog.The Black Swan by ... ( more)
From Richard Wilson Hedge Fund Blog - view blog entries - visit this blogApril 23, 2020 at 5:17 pm ET
The Black SwanThe Black Swan Book Review Book Review of The Black Swan written by Nassim Nicholas Taleb The Black Swan is one of the most fascinating, most challenging and most thought-prevoking books I have ever read. Let me point out, before going any further, that my interest in this book started as a trendy thing, because it seems this is a popular book to read by investors and traders. However, that quickly faded, and I became very interested in the actual material and arguments that Taleb was making.One of the best things about this ... ( more)
From Richard Wilson Hedge Fund Blog - view blog entries - visit this blogApril 23, 2020 at 9:50 am ET
Best Prime BrokerTop 12 Tips for Choosing a Prime Broker Prime brokers offer a group of services to hedge funds that include lending securities, financing leverage, cash management and more.Who is the best prime broker? I have gotten that question a few times and never really know how to answer without knowing much about the hedge fund they run.I thought these tips might help those looking for the "best" prime broker for their hedge fund business. If you haven't already seen it I have also recently created a list of prime brokerage services to explain what a prime broker does. ... ( more)
From Richard Wilson Hedge Fund Blog - view blog entries - visit this blogApril 22, 2020 at 9:45 am ET
Birthday RequestToday is my birthday and instead of defining a term, strategy or commenting on an interesting hedge fund due diligence article I would simply like to step back and get some straight from the hip feedback from you, my reader. If you have 20 seconds to spare could you send me 2 sentences answering the following 3 questions? ( Richard@RichardCWilson.com )What is missing from my hedge fund blog?What should I stop doing?What should I never stop doing?Thank you very much for your help and support. Interacting wit ... ( more)
From Richard Wilson Hedge Fund Blog - view blog entries - visit this blogApril 22, 2020 at 9:31 am ET
- RichardSubscribe To this Blog via Email Or RSSRelated Articles:1.2.3.4. Hedge Fund Jobs5. Hedge Fund ManagersPermanent Link:Tags:
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