Hedge Funds Levering Betas

In a previous post, we examined how a simple passive asset allocation and a more active strategy could perform in-line with the hedge fund indices. In their Daily Observations from January, Bridgewater examines the AUM at hedge funds and their leverage ratios (which have increased by 70% in the past few years). Great read.

And, another Faber talks about “A Modern History of Investment Booms