Hedge Funds

Alternative Assets
July 2026

Hedge Funds’ Role in Today’s Market Environment

Goldman Sachs

Osman Ali, Collin Bell

Research

16 Pages

The authors argue that hedge funds have become increasingly valuable as traditional 60/40 portfolios face lower expected returns and weaker diversification benefits.

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Alternative Assets
May 2026

The Inflation Diversification Problem

Man Group

Edward Cole

Research

15 Pages

Man Group argues that inflation breaks the traditional diversification playbook, where stocks and bonds no longer offset each other.

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Market Outlooks
December 2025

Hedge Fund Outlook 2026

With Intelligence

Research

14 Pages

With Intelligence reviews how hedge funds enter 2026 after a period of renewed inflows and strategy evolution.

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Alternative Assets
July 2019

Survivorship Bias and The Walking Dead

Callan Institute

Jim McKee

Research

11 Pages

Callan Institute examines how survivorship bias distorts hedge fund performance, focusing on how excluding failed funds reshapes peer group outcomes and investor perception.

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Miscellaneous
April 2017

LTCM Brochure

LTCM

Research

12 Pages

Long-Term Capital Management’s white paper explains how leveraged fixed income arbitrage unraveled during the 1998 Russian debt crisis, exposing hidden liquidity risks across global markets.

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Alternative Assets
April 2017

How Similar Are Tiger Hedge Fund Portfolios?

Novus

Stephen Bennett

Article

1 Pages

Novus examines how closely Tiger hedge fund portfolios overlap, using Q4 2016 filings to map shared positions across nearly 50 Tiger Cubs, Seeds, and Grandcubs.

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Alternative Assets
August 2016

Hedge Fund Ownership Report / Q2 2016

Novus

Research

56 Pages

Novus examines hedge fund equity positioning using public filings, highlighting where concentrated “smart money” ownership sat entering Q2 2016.

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Alternative Assets
April 2016

The Top Emerging Hedge Funds: 2010 to 2015

Novus

Research

8 Pages

Novus examines whether smaller hedge funds generate stronger returns by analyzing managers with $100 million to $500 million in publicly filed assets.

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Alternative Assets
February 2016

The Top Ten Hedge Funds of 2015

Novus

Stan Altshuller

Research

29 Pages

Novus profiles the hedge funds that sidestepped 2015’s brutal backdrop through concentrated positioning, sector expertise, and unusually strong stock selection.

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Alternative Assets
November 2015

The Novus Tiger Cub Index

Novus

Stan Altshuller, Adam Benenson

Research

10 Pages

Novus examines the collective stock picking record of Julian Robertson’s Tiger Cubs by building an index from their highest conviction holdings.

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Alternative Assets
September 2015

Activist Investing

Activist Insight

Josh Black

Research

44 Pages

Activist Insight examines the rapid rise of shareholder activism and how activists increasingly shaped corporate strategy, boardrooms, and M&A outcomes in 2014.

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Alternative Assets
May 2015

Hedge Fund Ownership Report / Q1 2015

Novus

Research

56 Pages

Novus examines hedge fund equity ownership trends using a database covering more than 5,000 hedge funds.

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Alternative Assets
January 2015

How to Identify Top Hedge Fund Managers Using Public Ownership Data

Novus

Stan Altshuller

Article

1 Pages

Novus explains how investors can use public ownership filings to identify hedge fund manager skill rather than relying solely on historical returns.

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Alternative Assets
November 2014

MYTH: Time Reduces Risk

Virtus Investment Partners

Research

8 Pages

Virtus Investment Partners examines whether long holding periods actually reduce investment risk, arguing that time can magnify uncertainty instead of smooth it out.

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Alternative Assets
July 2013

Spin-Off Research Volume XVII, Issue 7

Spin-Off Research

Joe Cornell

Research

394 Pages

Spin-Off Research examines the strategic rationale and investment implications behind corporate spin offs, highlighting newly completed transactions and upcoming separations.

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Alternative Assets
June 2013

Can We Make Money By Imitating David Einhorn’s Greenlight Capital?

Insider Monkey

Research

9 Pages

This paper examines whether investors can improve results by imitating David Einhorn’s historical 13F filings, finding that his strongest ideas consistently came from smaller companies rather than his largest holdings.

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Alternative Assets
December 2006

Pigweed

Oaktree

Howard Marks

Research

14 Pages

Oaktree explains how the collapse of Amaranth exposed timeless lessons about leverage, risk management, and investor behavior.

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Alternative Assets
October 2004

Hedge Funds: A Case for Caution

Oaktree

Howard Marks

Research

14 Pages

Oaktree examines whether hedge funds had become investing's latest "silver bullet" after years of strong performance and rapid asset growth.

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Alternative Assets
January 2004

An Alternative Future: Part I

AQR

Cliff Asness

Research

10 Pages

AQR explores why hedge funds gained prominence by separating market exposure from manager skill and examining where alternative strategies may fit within portfolio construction.

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Alternative Assets
September 2001

Do Hedge Funds Hedge?

AQR

Cliff Asness, Robert Krail

Article

1 Pages

AQR examines whether hedge funds truly provide the diversification investors expect or whether reported results understate their actual market exposure.

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