One of the biggest challenges facing the hedge fund industry over the last several years is generating alpha. During a panel at Sohn San Francisco, Raj Moorthy of Advantage Alpha Capital Partners shared data from Cambridge Associates and said the numbers show that the hedge fund industry hasn't generated alpha in over eight years. He also said that alpha generation in the long/ short industry has eroded significantly over the last 20 years.
Q2 2020 hedge fund letters, conferences and more