The Math That Explains How Multi-Strategy Hedge Funds Make Money
Odd Lots7 Okt 2024

The Math That Explains How Multi-Strategy Hedge Funds Make Money

Multi-strategy hedge funds are still all the rage on Wall Street, but what does it actually mean to be a pod shop and how are they being set up? On this episode, we speak with Dan Morillo, co-founder of Freestone Grove Partners and formerly a partner and head of equity quantitative research at Citadel (one of the most successful multi-strats out there.) While lots of people tend to talk about multi-strategy hedge funds as one big blob, he argues that there are important differences in their business models. We talk about how he identifies top portfolio managers, managing crowding risk, and the math behind compensation, scale and returns.

Previously:
How Hedge Funds Discover the Next Superstar Trader
How to Succeed at Multi-Strategy Hedge Funds

Only Bloomberg.com subscribers can get the Odd Lots newsletter in their inbox each week, plus unlimited access to the site and app. Subscribe at bloomberg.com/subscriptions/oddlots

See omnystudio.com/listener for privacy information.

Avsnitt(1190)

San Francisco's New Mayor on Homelessness, Unaffordability, and AI

San Francisco's New Mayor on Homelessness, Unaffordability, and AI

New York City is about to elect a new mayor, and whoever it is will have to address growing challenges like unaffordability, homelessness, and other basic quality-of-life challenges. Very few of these...

3 Nov 202536min

How Hudson River Trading Actually Uses AI

How Hudson River Trading Actually Uses AI

Unfortunately, it doesn't seem as though you can get great stock picks just by going to ChatGPT and asking it to recommend some investments. And yet financial firms of all sorts — including trading fi...

31 Okt 202555min

The Movement That Wants Us to Care About AI Model Welfare

The Movement That Wants Us to Care About AI Model Welfare

You hear a lot about AI safety, and this idea that sufficiently advanced AI could pose some kind of threat to humans. So people are always talking about and researching "alignment" to ensure that new ...

30 Okt 202550min

Why It's Still So Expensive to Build Homes in America

Why It's Still So Expensive to Build Homes in America

Everyone has an opinion on why housing is so expensive in America -- and to be fair, there are probably a lot of reasons for it. But one simple factor is that homes are expensive to build. Unlike many...

27 Okt 202546min

The Hidden Supply Chain Making Every Menu Feel Familiar

The Hidden Supply Chain Making Every Menu Feel Familiar

If you go out to eat at a restaurant, whether it's a fast food chain or a Michelin-starred bistro, there's a good chance the ingredients on your plate came from the same source. Sysco is the dominant ...

25 Okt 202540min

Daniel Yergin on What Happened to the Energy Transition

Daniel Yergin on What Happened to the Energy Transition

A few years ago, governments and corporations were brimming with optimism about the prospect of getting to net-zero in the efforts against climate change. Today, you hear a lot less about that. And wh...

24 Okt 202544min

Why The World Started Hedging Its US Dollar Exposure

Why The World Started Hedging Its US Dollar Exposure

Some economists expected that the dollar would strengthen when the tariffs were imposed. Instead, the opposite happened. The dollar fell sharply and it's been a poor performer all year. Concurrently, ...

23 Okt 202546min

Olli Rehn on the Big Competitiveness Challenge Facing Europe

Olli Rehn on the Big Competitiveness Challenge Facing Europe

The 2010s saw economic weakness across Europe's periphery. Countries like Greece, Spain, Italy, and so forth were the sites of so much stress. In the 2020s, however, it's reversed. The periphery is ho...

22 Okt 202541min

Populärt inom Business & ekonomi

framgangspodden
badfluence
varvet
rss-jossan-nina
svd-tech-brief
rss-borsens-finest
rss-svart-marknad
uppgang-och-fall
avanzapodden
bathina-en-podcast
rss-dagen-med-di
lastbilspodden
fill-or-kill
rss-inga-dumma-fragor-om-pengar
tabberaset
rss-kort-lang-analyspodden-fran-di
borsmorgon
24fragor
rikatillsammans-om-privatekonomi-rikedom-i-livet
montrosepodden