Hewitt: Nothing Alternative About Long/Short Hedge Funds

Jun 23 2010 | 11:42am ET

Despite the name of this publication, hedge funds—long/short hedge funds, especially—should no longer be considered an “alternative” investment, according to Hewitt Associates.

“We believe that the step to include long/short equity is a natural progression from, and complement to, unconstrained active equity management,” Guy Saintfiet, a senior hedge fund researcher at the consultancy, told HedgeWeek. “Hedge funds have an extra degree of freedom to use shorts which can add tremendous value, especially in volatile and bear markets.”

Pension funds are apparently heeding the firm’s advice: Hewitt undertook more than double the number of hedge fund manager searches last year than it did in 2008.


In Depth

GSAM's Papagiannis: Liquid Alternatives For The Long Run

Apr 21 2017 | 8:44pm ET

Interest in liquid alternatives cooled a bit last year amid a broad shift in investor...

Lifestyle

Aston Martin Returns To Debt Market As DB11 Drives Turnaround

Mar 31 2017 | 5:21pm ET

James Bond’s preferred carmaker is returning to the public debt markets for the...

Guest Contributor

Debunking Conventional Investment Wisdom (Part II)

Apr 17 2017 | 5:56pm ET

The alternative investment industry is currently replete with buzzwords around data...

 

From the current issue of