Alternative Facts and the Evolving Role of Hedge Funds

Download PDF Hedge funds have faced a difficult stretch, underperforming less-expensive alternatives for years. However, as lightly regulated managers with few investment constraints, hedge funds have a distinct advantage over traditional investments such as mutual funds. For this quarter’s Fiduciary Perspectives essay, “Alternative Facts and the Evolving Role of Hedge Funds,” I reflect on the current market environment affecting […]