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Man Group CEO Luke Ellis on hedge funds, quantitative strategies and lessons in leadership

Exchanges

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How to Build a Portfolio of Hedge Funds

Earlier in your career, you spent about a decade building a hedge fund of funds business. Can you describe what that is and also what you learned from that experience? Sure. I mean, very simply, it's putting a portfolio of hedge funds together to give somebody a target return. And what I learned from it is you have to think about portfolio construction very differently in beta space than alpha space.

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