October 19, 2017

What’s the Outlook for Hedge Funds in the Year 2013?

The waters look murky for hedge funds in 2013, especially SAC. Pictured is SAC manager Steve Cohen's reported $8 million artwork, a shark in a tank of formaldehyde.

The market’s direction is anyone’s guess. Hedge fund managers are supposed to add alpha, or value. Their goal is to make better picks than the general market (or their respective index), minimize risk, and thus provide a higher risk-to-reward profile for investors. In 2012, hedge funds that reported their performances returned less to investors than […]