Alpha Isn’t the Product in 2026
Allocators are re-underwriting the purpose of hedge funds in their portfolios
Author: Kevin Becker
What Drove Hedge Fund Performance in 2025
Last year’s results were less about rediscovered skill and more about market structure catching up…
What Spreads Reveal About Process
After several years of unusually correlated markets, dispersion returns. Returns across sectors, styles, and regions…
Is It Active’s Turn Again?
The question is no longer whether active can outperform benchmarks, but whether structural and behavioral…
What Attribution Should Do
For portfolio managers, attribution should be a key tool instead of an afterthought
Record Hedge Fund Inflows: Institutions Are Hungry, Be Prepared
Investors are looking for managers who explain results, risks, and strategy shifts with precision.
Passive vs. Active Management: Evolving Models and Boutique Differentiation
The shift we’re seeing now isn’t about one camp winning over the other. It’s about…
Why Factor Awareness Is Simpler Than You Think
Managers who don’t track their factor loadings can’t see when their ideas start to concentrate
Talking to Family Offices vs. Institutional Investors
Emerging managers often chase both family offices and institutional investors, wanting to maximize interest without…
When You’re the PM and the Risk Officer
There are ways to structure risk management that are realistic for lean teams and don’t…
The Allure and Reality of Alternative Data
The edge in investing isn’t found in accumulating more data, but in asking better questions…
The Institutionalization of Crypto and What That Means for Fund Managers
For years, digital assets occupied a gray area in institutional investing. Even those with exposure…
Positioning Your Boutique Fund to Investors
Being a boutique fund manager in a market dominated by mega-managers and passive strategies might…
What Allocators Want: Attribution Analysis in Fundraising
Explaining performance drivers is fundamental to a fund manager’s investor narrative. While returns, volatility, and…
Emerging Talent, Fiduciary Standards, and the Future of Institutional Investing
The size of an investment manager’s assets under management is often seen as shorthand for…
What Is Good Performance?
Understanding performance in asset management goes beyond the superficial analysis of past returns. In an…
Is Your Fund Management Strategy Unsustainable? Three Red Flags to Consider
Many new entrants to the fund management market risk being pushed out in the earliest…
The Future of Family Office Investing
Technological advancements are redefining how family offices operate and invest, enabling them to navigate the…
Mitigating Investment Risk as an Emerging Fund Manager
Navigating portfolio risk is one of the most critical challenges for startup and emerging fund…
Tapping Into the Potential of Analytics Partnerships
Despite the proliferation of powerful data analytics and advanced portfolio tools, many investment firms still…
Creating Institutional Visibility
Starting fresh For emerging managers not coming from big-name firms, grabbing investor attention can be…
Financial Technology as a Strategic Advantage
The asset management industry stands at a crossroads, where the largest firms are leveraging technological…