Analysis

Alaska Permanent Fund maps new direct route to hedge funds

Alaska Permanent Fund Corporation has ditched funds of funds in favour of seeking out direct hedge fund investments on its own


Will ‘crisis protection’ portfolios withstand the next crisis?

Consultants and asset managers are touting the diversifying benefits of risk mitigating strategies, but some see problems with the approach

Consultants refocus investors’ hedge fund aims to boost alpha generation

Consultants remain firmly entrenched at the centre of the institutional investor allocation process as investors increasingly discover hedge funds need



Toby Goodworth of bfinance assesses the new fund of sub-advisers trend

The ‘sub-adviser fund of hedge fund’ model is the latest innovation to disrupt the traditional multi-manager fund of hedge fund structure


Customisation: Too sweet a deal?

A burgeoning trend and arguably an indication of the industry’s institutionalisation; is customisation always a good idea?


Investor Appetite Indices: Distressed debt

A large cohort of established managers can command substantial allocations, Blue Lion Research and IRHalo reveal


Lifting the lid on “crisis” offset strategies

HFM Investor Relations looks at the growing interest of US consultants and allocators


Profile: Great expectations

HFM Investor Relations sits down with boutique alternatives manager 50 South Capital to talk about the value of IRs, their manager selection process and their view on industry fees


Q&A: UBS Hedge Fund Solutions

With some $36bn in AuM, UBS Hedge Fund Solutions is one of the world’s largest FoHFs and ranked 5th in HFM’s 2017 Investor Power 30. HFM Investor Relations sits down with CIO Bruce Amlicke


Investor appetite indices: Global macro

Average ticket sizes have increased as allocators look to reward performance, Blue Lion Research and IR Halo find


Investor Power 30

HFM’s countdown of the sector’s most influential investors and what they have done over the past 12 months


Kairos shifts its focus from multi-manager to multi-asset

Alongside distribution support from the Julius Baer platform, the freedom to adapt to new market trends has transformed the business


Oldest FoHFs share the secrets of their long-term success

A winning formula of consistency, conviction and independence underpins the industry’s elders



Can hedge fund replication meet investors’ alpha needs?

Second generation liquid alternatives show some early promise


Neuberger Berman’s daily liquidity fund coming up to five years of stable returns

Goodhill Partners, Sound Point Capital at the centre of a concentrated portfolio


Schooling the industry

HFM Investor Relations sits down with Dale West of the $135bn Texas Teachers’ Retirement System to learn about the new fee structure they are pioneering and why


Pew links pensions’ alts exposure with weak long-term performance

Researchers found that pension funds with recent and rapid entries into alternative strategies – including hedge funds – reported the weakest 10-year returns


Demand for credit specialists soars as investors prep for rising rates

As interest rates seem poised to rise, so is institutional investor interest in alternative credit strategies