The Long-Short

As 2024 draws to a close, the Long Short team delivers its annual year in review episode. Hosts Tom Kehoe and Drew Nicol unpack a transformative year marked by seismic political shifts, groundbreaking legal victories for the alternative investment industry, and the resurgence of key markets like crypto and APAC. Joining them is AIMA CEO Jack Inglis, who shares insights from a whirlwind year o...

On this episode of The Long-Short, we dive into the resurgence of Portable Alpha. Once a go-to strategy for institutional investors like pension funds and endowments, it became a cautionary tale after the 2008 financial crisis. Now, nearly two decades later, it’s back in the spotlight. What’s driving its revival? How has the strategy evolved, and why are investors rekindling their interest? This w...

This week,  Daniel Austin, Head of US Markets Policy and Regulation , and Joe Engelhard, Head of Private Credit and Asset Management Policy, Americas, join The Long-Short from Washington to give their initial reaction on how the Trump Administration will impact the private funds industry. Hosted on Acast. See acast.com/privacy for more information.

In this episode of The Long-Short, we dive into the often-overlooked world of smaller and emerging hedge funds. While 75% of global hedge funds manage less than $500m in assets, these entrepreneurial managers are rarely highlighted in mainstream media, which tends to focus on multi-billion-dollar firms. For nearly a decade, AIMA has tracked the growth and challenges of this sector, and our latest...

The growth in private markets has exploded over the past decade to a record $13 trillion AUM and the runaway growth shows no signs of stopping. As such, the asset class is under increasing scrutiny from a variety of stakeholders, including investors, governments, and the media. Leon Sinclair, Executive Vice President at Preqin joins The Long-Short team to discuss all of this, and how better data w...

Today’s episode of The Long-Short explores the current state of the hedge fund industry, examining which hedge fund strategies have thrived and which have faced challenges this year. The Long-Short host Tom Kehoe is joined by Roark Stahler, the US head of strategic consulting at Barclays Capital Solutions to discuss hedge funds' market influence, crowded trades, and their impact on key markets lik...

What happens when a court strikes down a US SEC rule? What's next on the SEC’s agenda for asset managers? And how are AIMA’s key legal challenges evolving?   The Long-Short returns from its summer hiatus to answer these questions and more as host Tom Kehoe is joined by Daniel Austin, Head of US Markets Policy and Regulation at AIMA, to dissect the most recent regulatory storms sweeping throug...

Fresh from his appearance at AIMA’s annual ESG conference, the Long Short team was delighted to sit down with The Rt Hon Chris Skidmore, former Minister for Energy and Chair of the UK Net Zero review. Skidmore offers his thoughts on the new labour government and how private investment can play a critical part to combat climate change. Hosted on Acast. See acast.com/privacy for more information.

What an eventful year it has been already, stock markets have defied expectations despite election turmoil and geopolitical tensions. But how are hedge funds faring? Join us as Ken Heinz, President of HFR delivers his much-anticipated half-time report for the hedge fund industry. Hosted on Acast. See acast.com/privacy for more information.

US government agencies now face greater scrutiny in the rulemaking process with the Supreme Court overturning the landmark Chevron Doctrine. Will this new dynamic usher in a new age of cooperation between industry representatives and rule makers? AIMA hopes so. Nick Morgan, founder of ICAN, walks us through this substantial change to the US regulatory landscape?   Hosted on Acast. See ac...

This week, we're diving into the hot topic of the wars of talent, and specifically, new talent, in the financial services and asset management industries. Everyone has a take on it, whether they're employers or employees. The big question: how do we attract and keep the brightest minds and the leaders of tomorrow, who are also being wooed by banks, tech firms, consultants, and more?   Buildin...

The SEC’s Private Fund Adviser Rule (PFAR) was struck down decisively by the US Court of Appeals for the Fifth Circuit following a suit by AIMA and other trade bodies to protect the private funds industry from unlawful regulatory overreach. The story is not over, however. The SEC still has cards to play, including requesting a re-hearing and an appeal to the Supreme Court. Until those options are...

Everyone is talking about how cryptocurrencies have come roaring back this year, but are we missing an even bigger story in the digital asset universe? Beyond the buzz of Bored Apes and Bitcoin, tokenization and blockchain technology has the potential to radically transform traditional finance infrastructure, according to Annalise Osborne, the Chief Business Officer at Kadena, and soon-to-be autho...

What would you ask an AI investment guru, seasoned in activating AI for elite private equities at McKinsey, now guiding hedge funds in leveraging AI to invest in alternative assets, transforming both their core operations and back-office activities? Dr.  Mohammad Rasouli , a Stanford AI researcher joined AIMA's Tom Kehoe and Drew Nicol us to delve into the transformative potential of AI in ou...

New research into the past 100 years’ worth of elections in the US and UK has revealed how equity, fixed income, and commodity markets may react when people head to the polls later this year.   In this episode, Tom Kehoe and Drew Nicol sit down with Henry Neville, portfolio manager at Man Group and regular guest on The Long-Short podcast. Together, they explore how this year's possible electi...

This week, we discuss two highly controversial regulatory developments shaking up the financial industry that you need to be aware of. First, we'll explore the UK financial watchdog's highly contentious 'name and shame' proposal. Then, we'll cross over to the US, where a new ban on non-compete agreements has sent shockwaves through the financial markets.   Joining The Long-Short podcast host,...

Last year, fresh from speaking at AIMA's Next Generation Manager Forum, Elissa von Broembsen-Kluever, Partner & MD at Omni Partners, spoke to The Long-Short's co-host Drew Nicol about the lessons and insights she learned as her firm grew, including how to hire the right people, engage with prospective allocators, and keep investors happy.    This year, AIMA's annual Next Generation M...

Industry commentators have suggested that as much as 95% of the hedge fund industry's total assets are in the hands of a few super asset managers, leaving very little to be invested in early-stage firms. It only gets trickier for start-ups with the rising barrier to entry as regulatory and operational costs continue to mount. ​​​​​​​ Thankfully, there is help on hand as Chris Winiarz, CIO of Stabl...

The Financial Times was at the forefront of uncovering the $2 billion fraud at the centre of Wirecard’s accounts, leading to the German payment processing giant’s collapse in 2020.  Two years on, the lead investigative journalist Dan McCrum sat down with The Long-Short to discuss his new book,  Money Men , which details how his team, assisted by a cast of committed short sellers, exposed...

It's been almost two years to the day since global central banks embarked on one of the most synchronized rapid monetary tightening cycles in modern-day economic history, to tame runaway higher levels of inflation following the COVID pandemic. While the worst may be over, central banks caution that with rising government debt and geopolitical tensions all stirring the pot, global financial markets...

With its economy among the global top performers and poised to enter the world's top three within the next few years, India's asset management industry stands on the brink of extraordinary growth. Shiv Sehgal of Nuvama Capital Markets shares his insights on the booming potential for alternative assets in India. Hosted on Acast. See acast.com/privacy for more information.

The biggest event of the year so far for hedge funds was the US SEC's recent finalisation of its new definition of a securities dealer. After a year of waiting, the final text is now available, confirming that private funds would be in scope, throwing our industry into uncharted territory by undermining the century-old understanding that hedge funds were customers of dealers, not dealers themselve...

With the dust well and truly settled now on 2023, there has been plenty of talk about the value of active investments. So how did hedge funds do? How active will investors be in 2024 in the hedge fund space? Join us as we sit down with Roark Stahler, co-author of Barclays Capital Solutions 2024 Hedge Fund Outlook, to dissect the latest trends and predictions shaping the hedge fund landscape. From...

Dive into the latest Long-Short Podcast episode, where Henri Arslanian, renowned crypto commentator, and Co-Founder of Nine Blocks Capital, unpacks the year's biggest stories. From the US's landmark Bitcoin ETF approval to the seismic shifts in NFTs and Solana, get the inside scoop on what's shaping the future of digital assets. Tune in for a no-holds-barred look into crypto's thrilling journey ov...

The multi-manager model is being billed as the fastest growing sector in the hedge fund industry with media and investors alike enamoured by the major players in the space.   Freddie Parker, Managing Director and Co-Head of Prime Insights and Analytics at Goldman Sachs, joins us to explain what is behind the rise of the multi-manager model and signposts some key trends that must be navigated...