Questions to ask your Fund Manager

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Created: Monday, 05 August 2019 00:15

One of the managers we have selected in King Tide has written a note on "Questions to ask your Fund Manager". We concur with many of the points he makes, including:

"Most fund managers claim that preservation of capital is the priority.  We have not yet come across a fund saying risk-taking is more important than capital preservation.  However, most funds do not have the flexibility in their investment mandates to actually preserve capital.  If a fund can have a maximum of 10% cash and not able to hedge using derivatives, then there is no way this fund can preserve capital in a severe market decline".

To read the whole article, click here

Questions to ask your Fund Manager

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Created: Monday, 05 August 2019 00:15

One of the managers we have selected in King Tide has written a note on "Questions to ask your Fund Manager".

Timing the Market

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Created: Wednesday, 18 July 2018 02:34

We have recently added Firetrail Absolute Return Fund to our portolios.

Patrick Hodgens, Firetrails Managing Director explains why "Timing the Market" is a nice thought, but difficult in practice.

Size, Age and the Performance Life Cycle of Hedge Funds

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Created: Thursday, 12 July 2018 02:34

Size, Age and the Performance Life Cycle of Hedge Funds

This study looks at the 'curse of success' that hedge fund managers must deal with if they are to maintain performance - to read click here

Risks and Opportunities in today’s market

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Created: Monday, 27 November 2017 22:25

In a recent presentation Kerr Neilson, founder and CEO of Platinum Asset Management, told the audience that the current economic environment presents a "situation that is actually quite rate".  Almost all economic indicators are "extremely positive"; everything from global PMIs, to metal prices, oil prices, and even company earnings, have been on the rise.  But how do you approach a bull market that may be in its latter stages?  Kerr said: "Here's the problem we face as fund managers.  If you go out too early, let's say by six months, you could leave 14% on the table.  If you leave late, you might be down 10% within six months.  So, what do you do?"   To watch the full video presentation click on the link here.

Business model disruption has barely begun

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Created: Sunday, 15 October 2017 21:46

Howard Marks says that second level thinking is essential to be a successful investor.  In this article, Hamish Douglas of Magellan provides some insights into what this means, whilst describing the significant changes which are occurring in businesses today.