long-only

also referred to as: long only

5 statements across 5 episodes · 1 bullish · 1 bearish · 5 people on the record · first statement Dec 17, 2018 by Tim McCusker · across every show →

Everything said about long-only, oldest first

Dec 17, 2018
Disclosure
NEPC maintains an approved list of up to 400 long-only managers
“I think we have about 350 to 400 managers in long only overall, so probably 200 or so of those, or 150 to 200 are equity.”
Tim McCusker Dec 17, 2018 ▶ 36:46 Tim McCusker – Consistency and Creativity as CIO at NEPC (Capital Allocators, EP. 80)
Jan 21, 2019
Assertion Supported
Biscardi: Hedge fund performance dispersion is far wider than traditional equities
“If you look at the dispersion between, in particular categories in the hedge fund space, it is much, much larger than the dispersion in traditional markets, like long only, for example. You'll see a much tighter performance band in the traditional asset classe…”
Ron Biscardi Jan 21, 2019 ▶ 27:45 Ron Biscardi – Putting Hedge Funds in Context (Capital Allocators, EP.83)
Jan 16, 2025 positive
Opinion
Sullivan: Hedge funds are the purest form of active management
“I think of it as the purest form of active management that exists in our industry. There's clarity of what you're trying to do. There was Indexes in long only that created inefficiencies and things that you had to do that weren't necessarily in pursuit of alph…”
Mark Sullivan Jan 16, 2025 ▶ 4:12 Mark Sullivan and Roberto Isch – Hedge Fund Investing at Wellington (EP.427)
Jun 30, 2025 bearish
Assertion Not checkable as stated
Harris: Long-only hedge fund fees are shifting toward zero-and-thirty models
“I think you're seeing on some of the more long only, but disguised as hedge funds, that the fees are coming down. With returns coming down, people are starting to push back. You're seeing a lot more zero and 30, more alignment where you're not going to be able…”
Jon Harris Jun 30, 2025 ▶ 28:36 Friends Reunion 3 – Five Allocators Riff on Investing (EP.454)
Sep 15, 2025 neutral
Opinion
Meli: Talent across PE, hedge funds, and long-only firms is identical
“One of the funny things about the industry is everybody looks at somebody at a private equity firm or Citadel or a hedge fund or long-only and thinks they're so different. They're the same people. They're just moving around seats.”
Adrian Meli Sep 15, 2025 ▶ 16:31 Adrian Meli – Active Equity Excellence at Eagle (EP.459)
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