Professor Harry Kat Speaks Out: Hedge Fund “Replication” a Misnomer
| Jan 19th, 2007 | Filed under: Alternative Beta & Hedge Fund Replication | By: Alpha Male |
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Professor Harry Kat of City University, London has the hedge fund industry in a tizzy about what has become known as his hedge fund “replication” technique. Today, he straightens out the record with the following statement:
“Since the launch of FundCreator we have received various emails from people who, put simply, stated that ‘You guys are mad, there is no way you can replicate the best hedge funds’. Comments like these betray a serious misconception of what synthetic funds are really about. In this brief note I will attempt to correct this.
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