The hedge fund industry has gone through multiple evolutions. Investing styles go in and out of fashion as market conditions change. Strategies that work become crowded with investors, which can mean they stop working as well. The hottest thing these days are so-called multi-strategy funds or "pod shops" that employ multiple distinct teams, each with a specific mandate, style and edge. In theory, with good risk management and internal capital allocation, this can produce robust results across many cycles. So how do these funds work, how are they making money, and what does the expansive growth of this new style of fund mean for markets? In this episode, we speak with Krishna Kumar, a portfolio manager at Goose Hollow Capital Management, about the rise of multi-strategy hedge funds, why they're so popular, and how the increasing amount of money deployed by these firms is changing the way that markets trade. This transcript has been lightly edited for clarity.
See Also
The role of hedge funds in the global economy | FlexFundsThe Basics of Working at a Multi-Manager Hedge Fund - Buyside HustleBusiness News Today: Read Latest Business news, India Business News Live, Share Market & Economy News | The Economic TimesMultiple Managers - Definition, What is Multiple Managers, Advantages of Multiple Managers, and Latest News - ClearTax
