The Case For Hedge Funds And Managed Futures
I make the case for alternatives in institutional portfolios. Far from reducing exposure to hedge funds, investors should be increasing it. Simple portfolios and dramatic results make the point.
Hacking Compound Annual Growth Rate
Applying a linear trend line to the value added monthly index gives a better estimate of returns than compound annual growth rate. It differentiates between different return distributions and is less affected by noise.
CAGR – Does It Give a Distorted View?
Focusing on CAGR is a mistake unless you are aware of its limitations. We take a closer look at Compound Annual Growth Rate, to see what it leaves out, and how it can be affected by chance.
Value Added Monthly Index – Logarithmic Plot
Learn how to take a closer look at Value Added Monthly Index with this simple hedge fund hack using a logarithmic chart axis.
Ian Rayner
Hedge fund advisor: Make smarter allocations. Build better portfolios.