Top Allocators Explain Why The Are Sticking To Well-Managed Small Hedge Funds

How do portfolio managers find the needle of alpha in a haystack of hedge funds accused of riding a wave of beta? In an environment where the largest hedge funds are gobbling up the lion’s share of assets under management, look at uncorrelated niche strategies where research coverage is light and markets are capacity constrained, panelists at the Gaining the Edge conference in Chicago told the audience. Q1 hedge fund letters, conference, scoops etc While the hedge fund industry has grown exponentially over the last ten years, the primary beneficiary has been the largest hedge funds. But allocating to the…