The Hedge Fund Debate

I spent a most enjoyable lunchtime at a roundtable sponsored by the Centre for the Study of Financial Innovation (CSFI). The topic of debate was my book, and more specifically my assertions that hedge fund investors have not done very well. It was a spirited and informed debate, with lively interchange among the participants. Hopefully I left the audience with a few thought-provoking ideas about hedge funds and the contrasting fortunes of the managers compared with their clients. I should also thank the CSFI organizers for making the event possible. It was very well organized and the room was filled with well-qualified, articulate finance professionals (hopefully my presence didn’t render that less true).

I was also on Bloomberg TV this morning.