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Hedge Fund Research's Kenneth Heinz crunches the numbers

30 March 2009

Sifting through the financial media, you will be hard pressed to not find an article relating to hedge fund losses, redemptions and possible regulation. But to gauge true state of this industry, you must speak to the ones who track the funds. Ian Hall speaks to leading hedge fund industry data provider, Hedge Fund Research's President, Kenneth Heinz about his outlook for the hedge fund industry and what the numbers really say.

Read more: Kenneth Heinz Hedge Fund Research $1.5 trillion

Isf: How long has Hedge Fund Research (HFR) been in operation?

Kenneth Heinz: The indices go back to 1990, which is a pretty long time. Only around 50 of the funds in the database have performance which pre-dates 1990.
  
Isf: How have investor's perceptions changed regarding the global hedge fund industry?

KH: They have changed in a number of different ways. I think it is important to understand and appreciate that the hedge fund industry is a not a homogenous grouping of 10,000 funds doing the same thing. There are a very complex and diverse network of strategies, sensitivities and exposures, which will perform differently in different environments. You can't paint all funds with the same brush. I think in the current environment a lot of people are jumping to conclusions that are not born out of fact. People are indiscriminately liquidating whatever asset class they can. Be...


 

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