long short funds
also referred to as: long short fund
3 statements across 3 episodes · 1 bullish · 2 bearish · 3 people on the record · first statement Jan 27, 2020 by Ted Seides · across every show →
Everything said about long short funds, oldest first
Jan 27, 2020 bearish
Seides: Near-zero interest rates cost long/short hedge funds 3% to 4% annually
“So when the bet started short-term rates were maybe, I don't remember what it was, but four percent, and today they're close to zero, and that is a four percent
Maybe three percent annual difference in performance just because of the short rebate on, on the wa…”
Jan 15, 2024 negative
Michelakis: L/S Funds Lacking Short Alpha Are Diluted Long-Only Managers
“If you're running a one 50 gross long short fund, and you've got good long alpha, but no short alpha, and you end up with one 50 50, what I mean is one 50 gross, 50 net exposure, that means you're a hundred long, so you're a long manager on that side of the ba…”
May 20, 2024 bullish
Long-Short Equity Fund Managers Will Increasingly Launch Actively Managed ETFs
“I think there is a lot more conversation around active ETFs from people who look like us. Start as long short funds, this kind of stuff. I think you'll see a lot more. I don't know why you wouldn't, because for your own money, it makes too much sense.”