Hedge Fund fees are under pressure again. There’s a drumbeat from institutional investors demanding lower fees in light of lackluster performance. So what’s a manager to do? We provide some analysis and negotiating strategies.
Managed Futures or commodities? People use the terms interchangeably. Here are some suggestions about how to deal with the issue in a business development context.
I had dinner the other day with an RIA friend with 30+ years in the business. Jane told me “I don’t like ‘commodities’ as an asset class” (she meant managed futures—more on that in a future post). Since I am a big fan of systematic trading, I wanted to know why.
The “About Us” section of your website is where you get to tell your story. But 17 sentences about how brilliant you are at statistics is not going to turn anyone into an investor unless they can see how this is going to make their life brighter. Here’s a better approach.
I talked recently with an allocator, let’s call him “Charles”, who works with systematic trading managers. He contrasted for me two commodity trading advisors’ (CTAs) approaches to communicating about draw downs. One lost the allocation, the other did not – find out why.