Kraus: Hedge funds generated no alpha in short positions over the last decade
Peter Kraus · Peter Kraus - Widening the Aperture on Alpha (First Meeting, EP.14) · Feb 3, 2020 · at 43:54
Peter Kraus, Chairman and CEO of Aperture Investors and former CEO of AllianceBernstein, critiques the performance and economics of long/short equity hedge funds.
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“In general, across the industry, for long periods of time, last 10 years, there is no alpha in the short positions.”
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