Bisserier: Most hedge funds fail to hedge, lock up capital, and overcharge
Damien Bisserier · Alex Shahidi and Damien Bisserier – Uncorrelated Return and Balanced Risk at Evoke-ARIS (Capital Allocators, EP.179) · Mar 1, 2021 · at 15:27
Damien Bisserier, co-CIO of Evoke-ARIS, breaks down his portfolio framework and critiques the value proposition of typical hedge funds.
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“There's alpha, which we really refer to as hedge funds that actually hedge. Most hedge funds don't. Most hedge funds give you more like the first category and they charge high fees and they lock you up.”
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