“We look at our fundamental hedge funds and their net exposure to the markets… US specific fundamental long-short clients today, their net length is in the north percentile on a one-year look back”

The Markets · Hedge Funds Are Cautious on Stocks amid Rates and Energy Volatility

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2:36

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What was described

track the net length of fundamental long-short hedge funds as a gauge of market positioning

US long-short net length in the north percentile (1-yr), 2-3 percentile (3-yr, 5-yr); global net length 0-9%

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“We did not enact gates on any of our funds and we saw positive net inflow across 10 out of 12 funds.”
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“Master feeder structures are key to hedge fund operations. A master feeder structure is a setup where multiple feeder funds pool their money into one master fund, and the master fund does all the trading and investing.”
♫
Said on The Core Report
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“Leverage long short tax loss harvesting ... higher fees from the manager, and also a long-short friction ... if you don't believe there's alpha ... probably not worth doing”
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Victor Haghani
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