The Novus Edge Report A Report on the Latest Trends in Equity Hedge Fund Returns, Performance Drivers, and Manager Skill for 2016

Hedge fund allocators are facing significant challenges. Years of underperformance, scrutiny over high fees amidst cheaper alternatives, and liquidity and transparency concerns all contributed to this year being the first of many to likely see net outflows from the industry.

In this report, we plan to peer ‘under the hood’ of hedge fund performance to better understand its drivers, and quantify— where possible—manager skill. By decomposing returns, we hope to help allocators find managers with sustainable skills, and managers assess their own strengths and weaknesses with an eye toward future improvement.

Included in the Edge Report:

  • Hedge Fund Performance Recap
  • Industry Trends Impacting Equity Hedge Funds
  • Equity Manager Skill