EurekaHedge Feb 14
The market correction and short selling advantage of many funds placed hedge funds surpassing the MSCI World Index by over 3% in January, with almost 90% of fund managers outperforming underlying...
View ArticleAlpha’s Best and Worst
Sunday may be the Academy Awards, or should I say Oscars, but today Institutional Investor’s Alpha magazine released its annual survey on hedge funds where investors were asked to evaluate firms on a...
View ArticleActive Share Rewarded
One of the articles we referenced in a blog post last Summer won the CFA Institute’s Graham & Dodd Award that recognizes outstanding articles published last year. “Active Share and Mutual Fund...
View ArticleFundamental Weights vs. Cap Weights
The S&P 500 is made of 500 stocks – duh. But each stock is not equally important. Perkins Elmer (PKI) has shown a nice steady rise since May 2013 and is a component of the S&P. If equally...
View ArticleFebruary Rebound
January was a dificult month for sure. No effect, that is. February was a little different story. Equities recovered from January’s losses in fine style. The Nasdaq lead the pack among the major...
View ArticleAre the Rich Getting Richer?
Forget about the 1%’ers, look at the 10%’ers, says AllianceBernstein. They wrote an interesting blog post a week or so ago about the widening gap between in the rich stocks and the value stocks. In the...
View ArticleMo
Momentum is the tendency of investments to exhibit persistence in their relative performance. It’s a derivative of Newton’s first law of motion: an object at rest will remain at rest, an object in...
View ArticleMomentum Revisited
As we discussed last week, momentum is among the prominent anomalies in stock markets. A momentum strategy that buys winner stocks with higher recent returns and/or shorts loser stocks with lower...
View ArticleHedge Fund Returns
Thanks to eVestment, a snapshot of hedge fund returns through February.
View ArticleA Couple Right
Today is the Ira Sohn Foundation Best Ideas conference. The cause is great. The Foundation honors the memory of Ira Sohn, a talented Wall Street professional whose life was cut short when he passed...
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