|
|
 |
|
| + |
Absolute Return |
|
|
|
| + |
De-correlation with Equity and Fixed Income Markets |
|
|
|
| + |
Defensive Character |
|
|
|
| + |
Reduced Volatility |
|
|
| – |
Proliferation of New Funds: |
|
• Managerial Talent |
|
• Margin Squeeze |
|
• Relevant Track Record |
|
• Selection Process |
|
|
|
| – |
Strategies Cyclicality |
|
|
|
| – |
Ability to Redeem, Liquidity |
|
|
|
| – |
Transparency, Quality of Reporting |
|
|
|
|
