{"id":36272,"date":"2013-06-20T09:55:18","date_gmt":"2013-06-20T13:55:18","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=36272"},"modified":"2013-06-20T09:55:18","modified_gmt":"2013-06-20T13:55:18","slug":"cliffwater-liquid-hedge-fund-strategies-have-1-point-performance-drag","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/06\/2013\/cliffwater-liquid-hedge-fund-strategies-have-1-point-performance-drag.html","title":{"rendered":"Cliffwater: Liquid hedge fund strategies have 1-point performance drag"},"content":{"rendered":"<p>Pensions &amp; Investments &#8211; Returns of liquid versions of hedge fund strategies in aggregate lagged those of private partnership versions of the same approach by an average of one percentage point annualized over the 10-year period ended March 31, according to a new report by alternative investment consultant\u00a0Cliffwater.<\/p>\n<p>With the proliferation of liquid alternative vehicles \u2014 mutual funds, UCITS funds, separately managed accounts, managed account platforms and securities of listed hedge funds \u2014 Cliffwater decided to examine \u201cwhether or to what extent investors in liquid vehicles forego return in exchange for better liquidity, compared to equivalent investment in institutional private partnership vehicles,\u201d according to the report, \u201cPerformance of Private Versus Liquid Alternatives: How Big a Difference?\u201d<\/p>\n<p><a href=\"http:\/\/www.pionline.com\/article\/20130619\/DAILYREG\/130619857\/cliffwater-liquid-hedge-fund-strategies-have-1-point-performance-drag\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Pensions &amp; Investments &#8211; Returns of liquid versions of hedge fund strategies in aggregate lagged those of private partnership versions of the same approach by an average of one percentage point annualized over the 10-year period ended March 31, according [&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":[],"class_list":["post-36272","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/36272","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=36272"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/36272\/revisions"}],"predecessor-version":[{"id":36273,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/36272\/revisions\/36273"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=36272"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=36272"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=36272"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}