Last month, we provided an introduction to the use of hedge funds within the core-satellite approach to portfolio management, separating beta management (choice and construction of a benchmark) and alpha management (management of active risk).
This month, we discuss the important question of the choice of allocation tools and examine the role of hedge funds in the satellite portion.
The construction of a benchmark usually relies on a mix of generic indices. For hedge funds and
The week on Risk.net, March 10-16 2018Receive this by email