Comments on: Biggest winners in financial calamity: Investment consultants http://allaboutalpha.com/blog/2010/03/08/biggest-winners-in-financial-calamity-investment-consultants/ A finance blog about hedge funds, portable alpha and alternative investing. Mon, 13 Feb 2012 11:26:54 +0000 http://wordpress.org/?v=abc hourly 1 By: Rene Levesque http://allaboutalpha.com/blog/2010/03/08/biggest-winners-in-financial-calamity-investment-consultants/comment-page-1/#comment-241278 Rene Levesque Sun, 21 Mar 2010 13:06:50 +0000 http://allaboutalpha.com/blog/?p=10447#comment-241278 All this through chasing return profiles, playing the "top quartile game", and shielding themselves behind the absence of a track record. When will consultants start publishing a tack record of manager selected/recommended? Perhaps, and they know it, it would not be a good idea. We all know what happened to many fund of hedge funds that, by design, had a published tack record. If manager selection is, at least in part, endorsed by the evidence of a good track record, it should be obvious that consultants should at least publish an independently monitored track record of their own. Rene Levesque www.mountjoycapital.com All this through chasing return profiles, playing the “top quartile game”, and shielding themselves behind the absence of a track record. When will consultants start publishing a tack record of manager selected/recommended? Perhaps, and they know it, it would not be a good idea. We all know what happened to many fund of hedge funds that, by design, had a published tack record.

If manager selection is, at least in part, endorsed by the evidence of a good track record, it should be obvious that consultants should at least publish an independently monitored track record of their own.

Rene Levesque
http://www.mountjoycapital.com

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