Cross-asset correlations and the waning diversification benefits of multi-strategy hedge funds
October 2026 – Summary ▪ Multi-strategy hedge funds are premised on their ability to generate uncorrelated returns. ▪ This entails minimal correlation both to major asset classes and, importantly, to one another.▪ However,…
Less Forward Guidance, More Opportunity?
August 2026 – For the longest of times, the Federal Reserve deployed ‘forward guidance’ – the practice of giving markets clues as to how the policy rate will evolve – to ensure low…
