The term “hedge fund” is quickly losing its appeal to the investing public. Asset flows have stagnated, but total assets under management remain at approximately $3 trillion. In his paper “Wozu (Whereto) Hedge Funds,” Masao Matsuda, CAIA, explores some of the challenges that hedge funds face in the current market environment, as well as some potential ways hedge funds can differentiate themselves after a period of time where alpha seems scarce. Read the full summary below.
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2020.01_-_wozu_hedge_funds_viewpoint_jmb-revised.pdf