This has been the dominant trend in the Hedge Fund industry for 5+ years and it really picked up steam towards the end of 2021. The outperformance of the multi-manager funds vs single manager was never as sharply delineated as in 2022. That is when the major news outlets started paying attention. This trend has been keeping us busy at Long Ridge.
Great read!
THC Drink & Cannabis Tech Investing
11moIn 10 years time will this be yet another example of computers taking the job of humans? Who will be managing risk then?