Smaller Hedge Funds Outperform, But Allocators Are Staying Away

When it comes to hedge fund performance, smaller tends to be better. Q1 hedge fund letters, conference, scoops etc A study released in April 2016, compiled by researchers Chao Gao and Chengdong Yin from Purdue University’s Krannert School of Management, and Tim Haight of Loyola Marymount University, found that on average, large of funds returned as 0.61% per month, on average, below the monthly return of 0.75% for funds in the bottom decile of assets. For more up-to-date hedge fund content, and exclusive access to value-focused hedge fund managers, check out ValueWalk’s exclusive value newsletter, Hidden Value Stocks. Emerging managers outperform…