strategies

Hedge Funds

Infrastructure allocations below 3 per cent “meaningless”

While infrastructure as an asset class has been embraced by pension funds in Europe and Australia alike, in the US it is still a nascent concept. The difference is largely down to a lack of privatisation in the US, where infrastructure historically has been provided by local and state government. In North America, funds such […]
Hedge Funds

The case for hedge fund betas: lessons learned about correlations

US-based quant shop AQR Capital has helped pioneer the notion of hedge fund beta as an investable product. With first-year performance numbers now in, GREG BRIGHT spoke with the firm’s managing and founding principal, Cliff Asness. Cliff Asness has been talking about hedge fund beta for some years. He wrote a paper about it, with […]
Hedge Funds

The case for hedge fund betas: lessons learned about correlations

US-based quant shop AQR Capital has helped pioneer the notion of hedge fund beta as an investable product. With first-year performance numbers now in, GREG BRIGHT spoke with the firm’s managing and founding principal, Cliff Asness. Cliff Asness has been talking about hedge fund beta for some years. He wrote a paper about it, with […]
Administration

Fee the difference: where fees stop and true super costs begin

Superannuation funds are feeling the pressure – from the government, from members – to keep published fees low or to cut them further. But however low they go, upfront fees do not capture the true costs that members pay. Without an overhaul of the current rules governing fee disclosure, funds’ efforts to meet the demand […]
Administration

Fee the difference: where fees stop and true super costs begin

Superannuation funds are feeling the pressure – from the government, from members – to keep published fees low or to cut them further. But however low they go, upfront fees do not capture the true costs that members pay. Without an overhaul of the current rules governing fee disclosure, funds’ efforts to meet the demand […]
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