Simkin: Client reporting and rigid mandates structurally constrain external hedge funds
Todd Simkin · Todd Simkin - Game of Trading at Susquehanna (EP.399) · Aug 5, 2024 · at 40:11
Todd Simkin, Associate Director at Susquehanna International Group (SIG), contrasts the structural constraints of external hedge fund platforms with proprietary trading firms operating without outside LP capital.
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“One of the problems with hedge funds is that they have to frequently manage to Not just quarterly reports, but monthly reports, or even weekly and daily reports. So they've got to show that they're staying with the strategy that they have outlined for their investors, and that they're showing regular returns.”
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