Jul
11
Morgan Stanley Has Some Theories for Why Hedge Funds Are Doing So Poorly
ByResponsibility is lacking.
Photographer: Michael Nagle/Bloomberg
Poor performance by hedge funds continues to be a hot topic, but no one wants to take the blame for low returns.
A survey conducted by Morgan Stanley Equity Strategist Adam Parker highlights the ostrich-like way much of the hedge fund industry is dealing with its recent inability to generate the elusive outperformance known as alpha.
“We surveyed a group of long/short fundamental equity hedge fund managers at one of the conferences, asking them for the primary reason for poor performance of their industry,” he writes…
Morgan Stanley Has Some Theories for Why Hedge Funds Are Doing So Poorly
