{"id":12334,"date":"2009-10-05T08:06:55","date_gmt":"2009-10-05T12:06:55","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=12334"},"modified":"2009-10-05T08:06:55","modified_gmt":"2009-10-05T12:06:55","slug":"hedge-fund-cloning-a-fourth-type-of-replicator","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/10\/2009\/hedge-fund-cloning-a-fourth-type-of-replicator.html","title":{"rendered":"Hedge Fund Cloning &#8211; A Fourth Type of Replicator"},"content":{"rendered":"<p>Seeking Alpha &#8211;<em> \u201cYou don\u2019t want to be average; it\u2019s not worth it, does nothing. In fact, it\u2019s less that the market. The question is, \u2018How do you get to be first quartile?\u2019 If you can\u2019t, it doesn\u2019t matter what the optimizer says about asset allocation.\u201d<\/em> \u2013 Dr. Allan Bufferd, CIO of the MIT endowment in Foundation and Endowment Investing.<\/p>\n<p>While Dr. Bufferd was talking about investing in private equity, the same applies to hedge funds as well.  (We have two extensive chapters on the topic in my book.) I wanted to chat a bit about hedge funds, and then more specifically hedge fund clones. I have written a bunch of articles on hedge fund indexing and replication in the past, and there has been a lot of chatter recently about hedge fund clones.<\/p>\n<p><a title=\"Read Complete Article\" href=\"http:\/\/seekingalpha.com\/article\/164683-hedge-fund-cloning-a-fourth-type-of-replicator?source=feed\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Seeking Alpha &#8211; \u201cYou don\u2019t want to be average; it\u2019s not worth it, does nothing. In fact, it\u2019s less that the market. The question is, \u2018How do you get to be first quartile?\u2019 If you can\u2019t, it doesn\u2019t matter what [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[3194,15918,666,16277,10240],"class_list":["post-12334","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-asset-allocation","tag-clones","tag-endowment","tag-private-equity","tag-replication"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/12334","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=12334"}],"version-history":[{"count":2,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/12334\/revisions"}],"predecessor-version":[{"id":12336,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/12334\/revisions\/12336"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=12334"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=12334"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=12334"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}