Insights archive


Request a demo

Insights

Archive

Every published edition of the Pivotal Point of View, alongside strategy deep-dives and thematic research. Each edition is named for the month it reports.

AllPivotal Point of ViewResearch

2026

PPOVPivotal Point of View — August 20262026-08The Composite rose 1.0% in August, leaving it up 7.1% for the year on a Q3 of −0.1%. Managed Futures led at +3.0%; Volatility Trading lagged at −0.6%.Read →
PPOVPivotal Point of View — July 20262026-07The Composite fell 1.1% in July, leaving it up 6.0% for the year on a Q3 of −0.1%. Equity Quant led at +1.6%; Equity Sector lagged at −4.1%.Read →
PPOVPivotal Point of View — June 20262026-06Read →
Market CommentaryJune 2026 Market CommentaryJune 2026Read →
PPOVPivotal Point of View — May 20262026-05Read →
Market CommentaryMay 2026 Market CommentaryMay 2026Read →
PPOVPivotal Point of View — April 20262026-04Read →
Market CommentaryApril 2026 Market CommentaryApril 2026Read →
PPOVPivotal Point of View — March 20262026-03The Composite fell 2.3% in March, leaving it up 0.8% for the year on a Q1 of +0.8%. Volatility Trading led at +1.3%; Equity Diversified lagged at −4.5%.Read →
Market CommentaryMarch 2026 Market CommentaryMarch 2026Read →
PPOVPivotal Point of View — February 20262026-02Read →
PPOVPivotal Point of View — January 20262026-01The Composite rose 2.0% in January, leaving it up 2.0% for the year on a Q1 of +0.8%. Managed Futures led at +3.7%; Equity Quant lagged at −0.7%.Read →

2025

PPOVPivotal Point of View — December 20252025-12Read →
Market CommentaryDecember 2025 Market CommentaryDecember 2025Read →
PPOVPivotal Point of View — November 20252025-11Read →
Market CommentaryNovember 2025 Market CommentaryNovember 2025Read →
WebinarMulti-faceted Multi-StratsOctober 2025PivotalPath’s quarterly webinars bring together the best in hedge fund data, with the most influential industry voices.Read →
PPOVPivotal Point of View — October 20252025-10The Composite rose 1.1% in October, leaving it up 9.9% for the year on a Q4 of +3.0%. Equity Sector led at +4.8%; Equity Quant lagged at −0.2%.Read →
PPOVPivotal Point of View — September 20252025-09The Composite rose 1.9% in September, leaving it up 8.7% for the year on a Q3 of +4.6%. Equity Sector led at +4.3%; Equity Quant lagged at −0.2%.Read →
PPOVPivotal Point of View — August 20252025-08The Composite rose 1.6% in August, leaving it up 6.7% for the year on a Q3 of +4.6%. Equity Sector led at +3.7%; Volatility Trading lagged at +0.5%.Read →
PPOVPivotal Point of View — July 20252025-07The Composite rose 0.9% in July, leaving it up 5.0% for the year on a Q3 of +4.6%. Equity Sector led at +3.4%; Equity Quant lagged at −2.3%.Read →
WebinarOn the Same Page: Manager–Allocator Alignment in a Shifting MarketJune 2025PivotalPath’s quarterly webinars bring together the best in hedge fund data, with the most influential industry voices.Read →
PPOVPivotal Point of View — June 20252025-06PivotalPath’s main strategy indices experienced a clean sweep of positive performance in JuneRead →
PPOVPivotal Point of View — May 20252025-05The majority of strategies enjoyed a healthy May as equity markets roared back to life and macro trends continued to provide opportunities.Read →
PPOVPivotal Point of View — April 20252025-04A tariff U-turn sparked life back into the markets at month end, but many strategies still struggled to get on top of April’s wild swingsRead →
WebinarAllocator inflection point: Making the most of 2025’s renewed interest in hedge fund investmentMarch 2025PivotalPath’s quarterly webinars bring together the best in hedge fund data, with the most influential industry voices.Read →
PPOVPivotal Point of View — March 20252025-03Tariffs caused markets to tumble, managers sold off at the most accelerated rate in over a decade, and adjusted for new economic conditions by cutting gross and net leverage.Read →
PPOVPivotal Point of View — February 20252025-02Tariffs unnerved markets, managers took a bearish tilt, while allocators maintained their strong interest in fresh hedge fund investments.Read →
PPOVPivotal Point of View — January 20252025-01January’s DeepSeek and US tariff broadsides were largely dodged by managers over a rollercoaster month. The PivotalPath Hedge Fund Composite Index ended January up 1.5%, while the rest of our main indices also generated positive returns.Read →

2024

WebinarHedge Fund Industry Trends In Q4 & Capturing The New Manager LandscapeDecember 2024PivotalPath’s quarterly webinars bring together the best in hedge fund data, with the most influential industry voices.Read →
PPOVPivotal Point of View — December 20242024-12Hedge funds rode December’s volatility well, with the PivotalPath Hedge Fund Composite Index up 0.3% across the month.Read →
PPOVPivotal Point of View — November 20242024-11Hedge funds enjoyed a positive November, following October’s flat month, with the PivotalPath Hedge Fund Composite Index up 2.1%.Read →
PPOVPivotal Point of View — October 20242024-10Despite October’s volatility, hedge funds did a credible job of besting the wider markets over a challenging month, with the PivotalPath Hedge Fund Composite Index flat at 0.1%.Read →
WebinarHedge Fund Industry Trends In Q3 & The Evolving Fee LandscapeSeptember 2024PivotalPath’s quarterly webinars bring together the best in hedge fund data, with the most influential industry voices.Read →
PPOVPivotal Point of View — September 20242024-09Hedge funds continue to deliver. Since January 2020, the PivotalPath Composite Index has annualized returns of 7.8%, with a Sharpe Ratio of 1.64, while most importantly, generating alpha of ~6.4% per annum (with a beta of only 0.12).Read →
PPOVPivotal Point of View — August 20242024-08Every month, on behalf of over $340B in client hedge fund capital, PivotalPath tracks over 2,800 institutionally-relevant hedge funds, spanning >$3T of industry assets. Our monthly report contextualizes these data points and identifies trends to help gain unique insight into the hedge fund industry. 2024 Hedge Fund Performance Strategy Highlights: Equity indices continues to make […]Read →
PPOVPivotal Point of View — July 20242024-07Every month, on behalf of over $300B in client hedge fund capital, PivotalPath tracks over 2,800 institutionally-relevant hedge funds, spanning >$3T of industry assets. Our monthly report contextualizes these data points and identifies trends to help gain unique insight into the hedge fund industry. 2024 Hedge Fund Performance Strategy Highlights: Equity Indices continue to make […]Read →
WebinarHedge Fund Industry Trends & Building Better Benchmarks WebinarJuly 2024PivotalPath and guests from Innocap, Aima and Ellington discuss H1’s key performance, strategy and allocator trends and the thorny issue of how ‘faulty’ indices have led to a disconnect between funds and their investors.Read →
PPOVPivotal Point of View — June 20242024-06Every month, on behalf of over $300B in client hedge fund capital, PivotalPath tracks over 2,800 institutionally-relevant hedge funds, spanning >$3T of industry assets. Our monthly report contextualizes these data points and identifies trends to help gain unique insight into the hedge fund industry. 2024 Hedge Fund Performance Strategy Highlights: Equity Quant’s consistency continues to […]Read →
PPOVPivotal Point of View — May 20242024-05The PivotalPath Composite Index appreciated 1.1% in May and is up 6.1% YTD. The Index continues to generate positive alpha of 6.3% relative to the S&P 500 (S&P) over the last 12 months, even as equity markets declined in April and recovered in May. Read Full article to learn about Hedge Fund Performance.Read →
PPOVPivotal Point of View — April 20242024-04The PivotalPath Composite Index declined 0.2% in April and is up 4.9% YTD. The Index continues to generate positive alpha of 6.3% relative to the S&P 500 (S&P) over the last 12 months, even as equity markets declined in April. Read Full article to learn about Hedge Fund Performance.Read →
PPOVPivotal Point of View — March 20242024-03The PivotalPath Composite Index rose 2.1% in March and is up 5.1% through Q1. The Index continues to generate positive alpha of 5.6% relative to the S&P 500 (S&P) over the last 12 months, even as equity markets soar. Read Full article to learn about Hedge Fund Performance.Read →
ResearchA Bias-Free Assessment of the Hedge Fund IndustryFebruary 2024A New Evaluation of Total Assets, Alphas, and the Flow-Performance Relation. We combine data from six leading commercial hedge fund vendor databases with confidential regulatory filings to provide a comprehensive evaluation of hedge fund industry size, performance, and investor flows.Read →
PPOVPivotal Point of View — February 20242024-02The PivotalPath Composite Index rose 2.1% in February, building on its January return of 1.1% and 2023’s return of 7.6%. The Index continues to generate positive alpha of 3.4% relative to the S&P 500 (S&P) over the last 12 months even as equity markets soar. Read Full article to learn about Hedge Fund Performance.Read →
PPOVPivotal Point of View — January 20242024-01The PivotalPath Composite Index rose 1.1% in January, building on the 2023 return of 7.6% Read Full article to learn about Hedge Fund Performance.Read →

2023

PPOVPivotal Point of View — December 20232023-12The PivotalPath Composite Index rose 2.0% in December, bringing the Index to +7.7% in 2023.Read →
ResearchManaged Futures Exposure to Treasuries Historically NegativeNovember 2023The swift rally across the curve had a large negative impact on funds that were short Treasuries, including managed futures funds/CTAs. Of note is that February 2021 represents a turning point for the Managed Futures sector, which has been historically mostly long bonds, until then.Read →
ResearchThe Volatility Effect on Hedge FundsNovember 2023This is part three of a series in which PivotalPath parses hedge fund performance under macroeconomic regimes.Read →
PPOVPivotal Point of View — November 20232023-11The PivotalPath Composite Index rose 2.0% in November, bringing the Index to +5.8% YTD. The Index continues to generate positive alpha of 3.9% relative to the S&P 500 (S&P) over the last 12 months.Read →
PPOVPivotal Point of View — October 20232023-10Read →
PPOVPivotal Point of View — September 20232023-09Read →
PPOVPivotal Point of View — August 20232023-08Read →
PPOVPivotal Point of View — July 20232023-07Read →
PPOVPivotal Point of View — June 20232023-06Read →
ResearchThe Inflation Effect on Hedge FundsMay 2023Inflation has occupied the minds of the Federal Reserve and U.S. consumers since the term “transitory” admittedly became out of step almost 1.5 years ago as noted in this Reuters report. And rightfully so, as inflation directly affects everything from consumer purchasing power to company profit margins. Additionally, policy responses to persistent inflation, such as […]Read →
PPOVPivotal Point of View — May 20232023-05Read →
PPOVPivotal Point of View — April 20232023-04Read →
ResearchHistoric Rally in Treasuries and the Effect on Managed FuturesMarch 2023In addition to monthly stats, in this edition we reflect on performance and discusses the month’s events that drove the various underlying sub-index results.Read →
ResearchBanking Turmoil Implications for Hedge FundsMarch 2023In view of the recent banking turmoil we just wanted to show to our clients how to use PivotalPath tools to quantify banking sector exposure in the hedge fund industry. Using the KBW Index (MTD -24% as of Mar 16,2023) as proxy of the banking sector in our correlation tracker, we can screen for the […]Read →
ResearchThe Dramatic Effect Of Interest Rates On Hedge Fund PerformanceMarch 2023In addition to monthly stats, in this edition we reflect on performance and discusses the month’s events that drove the various underlying sub-index results.Read →
PPOVPivotal Point of View — March 20232023-03Read →
PPOVPivotal Point of View — February 20232023-02In addition to monthly stats, in this edition we reflect on performance and discusses the month’s events that drove the various underlying sub-index results.Read →
PPOVPivotal Point of View — January 20232023-01In addition to monthly stats, in this edition we reflect on performance and discusses the month’s events that drove the various underlying sub-index results.Read →

2022

PPOVPivotal Point of View — December 20222022-12In addition to monthly stats, in this edition we reflect on performance and discusses the month’s events that drove the various underlying sub-index results.Read →
PPOVPivotal Point of View — November 20222022-11In addition to monthly stats, in this edition we reflect on performance and discusses the month’s events that drove the various underlying sub-index results.Read →
PPOVPivotal Point of View — October 20222022-10In addition to monthly stats, in this edition we reflect on performance and discusses the month’s events that drove the various underlying sub-index results.Read →
PPOVPivotal Point of View — September 20222022-09In addition to monthly stats, in this edition we reflect on performance and discusses the month’s events that drove the various underlying sub-index results.Read →
PPOVPivotal Point of View — August 20222022-08In addition to monthly stats, in this edition we reflect on performance and discusses the month’s events that drove the various underlying sub-index results.Read →
PPOVPivotal Point of View — July 20222022-07In addition to monthly stats, in this edition we reflect on performance and discusses the month’s events that drove the various underlying sub-index results.Read →
PPOVPivotal Point of View — June 20222022-06In addition to monthly stats, in this edition we reflect on performance and discusses the month’s events that drove the various underlying sub-index results.Read →
PPOVPivotal Point of View — May 20222022-05In addition to monthly stats, in this edition we reflect on performance and discusses the month’s events that drove the various underlying sub-index results.Read →
PPOVPivotal Point of View — April 20222022-04In addition to monthly stats, in this edition we reflect on performance and discusses the month’s events that drove the various underlying sub-index results.Read →
PPOVPivotal Point of View — March 20222022-03In addition to monthly stats, in this edition we reflect on performance and discusses the month’s events that drove the various underlying sub-index results.Read →
PPOVPivotal Point of View — February 20222022-02In addition to monthly stats, in this edition we reflect on performance and discusses the month’s events that drove the various underlying sub-index results.Read →
PPOVPivotal Point of View — January 20222022-01In addition to monthly stats, in this edition we reflect on October’s performance and discusses the month’s events that drove the various underlying sub-index results.Read →

2021

PPOVPivotal Point of View — December 20212021-12In addition to monthly stats, in this edition we reflect on October’s performance and discusses the month’s events that drove the various underlying sub-index results.Read →
PPOVPivotal Point of View — November 20212021-11In addition to monthly stats, in this edition we reflect on October’s performance and discusses the month’s events that drove the various underlying sub-index results.Read →
ResearchWhat’s In your Index? Part 4 of the 4-Part SeriesOctober 2021Read Part 4 of our 4-Part series. What’s in Your Index?Read →
ResearchWhat’s In your Index? Part 3 of a 4-Part SeriesOctober 2021Read Part 3 of our 4-Part series. What’s in Your Index?Read →
PPOVPivotal Point of View — October 20212021-10In addition to monthly stats, in this edition we reflect on October’s performance and discusses the month’s events that drove the various underlying sub-index results.Read →
PPOVPivotal Point of View — September 20212021-09In addition to monthly stats, in this edition we reflect on September’s performance and discusses the month’s events that drove the various underlying sub-index results.Read →
PPOVPivotal Point of View — August 20212021-08In addition to monthly stats, in this edition we reflect on August performance and discusses the month’s events that drove the various underlying sub-index results.Read →
PPOVPivotal Point of View — July 20212021-07In addition to monthly stats, in this edition we reflect on July’s performance and discusses the month’s events that drove the various underlying sub-index results.Read →
ReportHedge Fund Research ReconsideredJune 2021PivotalPath’s partnership with IPC will allow academic researchers, over time, to have access to data with the transparency, the precision, and the depth that is necessary for high quality research.Read →
PPOVPivotal Point of View — June 20212021-06In addition to monthly stats, in this edition we examine the first half results and what is happening underneath the major themes of the broad indices.Read →
PPOVPivotal Point of View — May 20212021-05In addition to monthly stats, in this edition we examine the benefits of investing in Hedge funds based on changing correlations.Read →
PPOVPivotal Point of View — April 20212021-04In this special edition of the Pivotal Point of View, we focus on inflation, and the effects it may have on allocators’ hedge fund portfolios.Read →
PPOVPivotal Point of View — March 20212021-03The PivotalPath Hedge Fund Composite Index added 0.8% in March, bringing the index up to 4.2% YTD. 62% of managers reported positive monthly performance, with over three-quarters of funds up in Q1. At the composite level, dispersion remained slightly elevated (3.7% vs. the long-term average of 2.9%).Read →
PPOVPivotal Point of View — February 20212021-02The PivotalPath Hedge Fund Composite Index was up 3.4% in February and 3.6% YTD, while the S&P returned 2.8% in February and 1.7% YTD. 85% of managers reported positive monthly performance, with the median fund returning 2.9%.Read →
ResearchHedge Fund Launches & Liquidations in 2020January 2021When it comes to hedge fund launches and closures, the right questions and the right data can tell a very different story.Read →
PPOVPivotal Point of View — January 20212021-01PivotalPath’s Hedge Fund Composite Index started the year up +0.3% while the S&P was down -1.0%. 55% of funds reported positive numbers, with the median fund returning +0.4%. January marks the 1st month since March 2020 that Equity Sector funds exhibited negative returns, primarily dragged down by TMT (-2.3%).Read →

2020

ResearchHow Do Hedge Funds Perform in Times of Divided vs. Unified Government?December 2020How could Georgia’s upcoming run-off election, which will determine control of the Senate, affect hedge funds over the next congressional term?Read →
PPOVPivotal Point of View — December 20202020-12The PivotalPath Hedge Fund Composite Index was up 4.3% in December, with 95% of funds reporting positive performance. 74% of managers ended 2020 in positive territory, with the Composite up 11.7% for the year.Read →
ResearchWhat Happens to Hedge Fund Performance on Either Side of an Election?November 2020We take a look at hedge fund trends historically, both prior to and following U.S. presidential elections.Read →
PPOVPivotal Point of View — November 20202020-11November was a big month for markets, with the S&P 500 up 10.7%. In aggregate, hedge funds were up 5% for the month with 86% of managers reporting positive performance. YTD, hedge funds are up just over 7% and continue to deliver better risk-adjusted results than the S&P, as indicated by their respective Sharpe ratios, 0.70 vs. 0.57.Read →
PPOVPivotal Point of View — October 20202020-10For the year, hedge funds are outpacing the S&P 500, the former up 2.0% and the latter up 1.2%. Specifically, in October, the S&P was down 2.8% while the PivotalPath Hedge Fund Composite Index, which is asset-weighted across high-level strategies, was flat. At the fund-level, 55% of managers reported positive performance for the month.Read →
PPOVPivotal Point of View — September 20202020-09High-level strategies performed within 220 bps of each other in September, ranging from down 1.2% (Managed Futures) to up 1.0% (Event Driven). YTD is a different story, with almost 14% separating the top, Equity Sector up 10.3%, from the bottom, Managed Futures down 3.4%. Interestingly, our Composite’s dispersion is 2.8% for the month, just below the long-term average (2.9%).Read →
PPOVPivotal Point of View — August 20202020-08Hedge funds were up broadly in August, led by equity-focused managers and multi-strategy funds. Managed futures lagged on both a monthly and YTD basis.Read →
PPOVPivotal Point of View — July 20202020-07Hedge funds were up broadly in July, with the exception of Healthcare (down 1.3%). YTD, hedge fund performance has been slightly positive, with the PivotalPath Hedge Fund Composite returning 0.6% through month end.Read →
ResearchIs There a “New Normal” for Hedge Funds?June 2020CEO Jon Caplis joined Winged Keel for a discussion about the evolving role of hedge funds in asset allocation.Read →
ResearchA Tale of Two MonthsJune 2020March peformance was largely driven by quality. But April was all about that beta.Read →
PPOVPivotal Point of View — June 20202020-06Hedge funds were up broadly in June, with the exception of Risk Premia (-2.1%) and Managed Futures (-1.2%). YTD, hedge funds have outpaced the S&P 500 (-4.0%) as the PivotalPath Hedge Fund Composite Index returned -1.3% through month end.Read →
ResearchMarket Performance During the PandemicMay 2020Utilizing PivotalPath’s proprietary Social Distance Winners & Losers Baskets, we analyze whether the stay at home stock rally is temporary or here to stay.Read →
PPOVPivotal Point of View — May 20202020-05Broadly, hedge funds were up in May, with the exception of Risk Premia (-1.4%) and Managed Futures (-1.0%). YTD, hedge funds continue to outpace both the Dow (-11.1%) and the S&P (-5.0%), as the PivotalPath Hedge Fund Composite Index returns -2.6% through month end.Read →
ReportOperational Due Diligence ChecklistApril 2020Download PivotalPath’s operational due diligence checklist for your next operationally-focused manager meeting.Read →
ReportInvestment Due Diligence ChecklistApril 2020Download PivotalPath’s investment due diligence checklist as a framework for your manager research process.Read →
ResearchInvesting in “Quality Time”April 2020In our latest insight, we look into recent outperformance of the quality factor and how it may affect a manager’s investment approach.Read →
PPOVPivotal Point of View — April 20202020-04Hedge funds were up across the board in April, though less than broad market indices. YTD, hedge funds continue to outpace equity markets, with the PivotalPath Hedge Fund Composite returning -4.3% while the S&P is down more than twice that, returning -9.9% through month end.Read →
ResearchRisk Premia in 2020March 2020Risk Premia was one of the worst performing strategies through February in 2020. We look at why, and how we expect the strategy is performing in March (updated 3/24/20).Read →
PPOVPivotal Point of View — March 20202020-03March was a volatile month due to the coronavirus pandemic and oil price war. All things considered, hedge funds held up relatively well in this environment, with many faring better than broad market indicesRead →
ResearchQuestions Every Allocator Should Ask a Manager about ESGFebruary 2020While ESG is a popular topic for discussion, there is not a lot of agreement when it comes to investment standards. We highlight some questions investors should be asking hedge fund managers to get beyond the buzzwords and into the details.Read →
PPOVPivotal Point of View — February 20202020-02In the face of the worst month for global markets in almost ten years, hedge fund performance held up relatively well in February. Additionally, all strategies generated positive alpha for the fourth consecutive month.Read →
ResearchHedge Fund Launches & Liquidations – A More Accurate PictureJanuary 2020When it comes to hedge fund launches and closures, the right questions and the right data can tell a very different story.Read →
PPOVPivotal Point of View — January 20202020-01The PivotalPath Hedge Fund Composite Index started the year up slightly, returning +0.3% in January. Across the fund universe, there was fairly wide dispersion between top and bottom performers for the month, with 1st quartile managers up +4.0% and 4th quartile managers down -4.0%, on average.Read →

2019

ResearchLack of Liquidity in JapanDecember 2019A lack of liquidity lurks beneath the bullish case for investing in Japan. The question is, is this liquidity crunch temporary or structural?Read →
ResearchSingapore: The Next Hedge Fund Hub of Asia?December 2019On a recent research trip, we learned firsthand how the 2019 Hong Kong protests could shape Singapore’s future as the next financial hub of Asia.Read →
PPOVPivotal Point of View — December 20192019-12The PivotalPath Hedge Fund Composite Index finished 2019 up 8.8%. Equity Sector (+15.6%) and Equity Diversified (+12.7%) led the way, while Credit (+4.1%) trailed the pack. In addition to generating the best performance in 5 years, all strategies generated significant alpha in 2019.Read →
ResearchFlight to Quality in Leveraged LoansNovember 2019Hedge fund managers weigh in on whether the recent selloff in leveraged loans is an opportunity or cause for concern.Read →
ResearchCorrelations Are Falling – Here’s What That Means for Manager Selection in 2020November 2019What happens when correlations fall, and dispersion is on the rise?Read →
PPOVPivotal Point of View — November 20192019-11In November, hedge funds were up across most strategies. Two indices in particular, Equity Diversified (+11.0%) and Equity Sector (+13.0%), crossed into double-digit returns for the year.Read →
ResearchSaaS Falls from the CloudsOctober 2019Several high-profile TMT managers were down big in September. However, investors should be confident that this was nothing out of the norm.Read →
PPOVPivotal Point of View — October 20192019-10Despite intra-month volatility, most core strategies were flat to modestly positive in October – with the exception of Managed Futures, which was down 2.5%.Read →
ResearchSaaS is the New FAANGSeptember 2019What’s separating top TMT managers from the bottom ones this year? The title of this insight should provide a clue.Read →
ResearchHealthcare is Hot for Hedge FundsSeptember 2019In part two of our series, we look at volatility and dispersion among healthcare subsectors.Read →
PPOVPivotal Point of View — September 20192019-09For the first time this year, and despite a challenging September, all hedge fund strategies have crossed into positive territory year-to-date.Read →
ResearchIs Healthcare Just What the Doctor Ordered?August 2019In part one of our two part series, we look at healthcare over time as well as side by side compared to other industries.Read →
PPOVPivotal Point of View — August 20192019-08For the first time since January, Equity Sector is no longer the top performing strategy of 2019. Managed Futures now sits atop the pack.Read →
PPOVPivotal Point of View — July 20192019-07Managed Futures topped both performance and alpha rankings for the month, while Equity Sector strategies remained at the top for 2019.Read →
PPOVPivotal Point of View — June 20192019-06Hedge funds came back swinging in June, though not all gains were shared equally.Read →
ResearchWant to Make Money in the Markets? Try Buying some WeedMay 2019Significant outperformance relative to peers, especially in difficult years, can have lasting influence on future fund evaluation and investment decisions. Accordingly, some of these same managers are still catching investors’ attention today. What might be the secret? Cannabis.Read →
ResearchHow Important is “Alpha Generation” Really to Hedge Fund Investors?May 2019In early 2019, J.P. Morgan surveyed hedge fund investors to identify their reasons for investing in this space – 88% of respondents cited “alpha generation” as one of the top three motivations. If this is the case for such a high number of investors, it’s important to look at the strategies being pursued in the quest for alpha to see what’s working and what isn’t. We crunched the numbers and found that it’s a good time for a gut check.Read →
PPOVPivotal Point of View — May 20192019-05Welcome to The Pivotal Point of View! Starting this month, we are going to provide a monthly snapshot of how the core strategies we track are performing.Read →
ResearchA Junk Rally in Hedge Funds?April 2019What if we told you that one risk factor can explain most of the significant dispersion in returns in the first quarter of 2019? That factor is the Bloomberg US Pure Leverage Portfolio (“Leverage”), a measurement that tracks U.S. companies that are highly indebted, or leveraged. Put another way, it is a measure of quality.Read →

← Back to recent insights

Interested in actionable hedge fund data 
and industry–leading research?

We provide transparency for Allocators.

Get Started

PivotalPath 2026. All rights reserved.