Steve Einhorn Correlates Fed Balance Sheet Size With Hedge Fund Returns And It’s Not Pretty

In the 46-page Omega Advisors October 17 letter to investors is an issue that hits a raw nerve among many alternative asset managers. How is it that hedge fund managers, which in large part feast off an understanding of how the macro environment works and where mispricing was located, could find such an unprecedented string of underperformance? Steven Einhorn, a partner at the firm, looks in part to the central bank balance sheet as . . .

SORRY!

This content is exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here

If you are subscribed and having an account error please clear cache and then cookies if that does not work email support@valuewalk.com and we will get back to you as quick as humanly possible


Saved Articles
X
TextTExtLInkTextTExtLInk

Are you a smart investor? Join tens of thousands of sophisticated investor reading our authoritative free newsletter

* indicates required

Opt out of occasional 3rd party offers


Congrats! Are you a smart person? We have a limited time offer for sophisticated and loyal readers like yourself.

Sign up today and get three months free

Use coupon code VIP19 or click on the button below

Limited time offer only expires 8/31/2019 or next 30 13 subscribers whichever comes first – please do not share this discount with others

 

0