Top Hedge Funds Appear Insulated from World Events

This report analyzes an asset-weighted portfolio of the 30 largest reporting hedge funds to determine what market exposures, risk factors, and performance expectations this institutional portfolio would create for an investor. Understanding the current market exposures, risk factors, and performance expectations of these funds, especially if a crisis were to occur during the following month, offers a way to gauge the positioning of the broader hedge fund industry.

The same analysis is produced for portfolios constructed of the 10 largest macro, long short equity, and fixed income/credit hedge funds.