MPI Research Corner

Bridgewater Pure Alpha II Fund, the flagship fund of Bridgewater Associates – the world’s largest alternative investment management firm – has generated outstanding returns in the last twenty years with especially impressive performance since the Fall of 2008. Using MPI’s new Factor Search™ application, MPI’s endeavor is to capture dynamic betas embedded in Bridgewater fund’s [...]

North America Equity USD denominated funds’ performances range from -54.91% to 13.04% over the last 52 weeks (ending December 2, 2011), in USD terms. On average, the best 5% of the funds outperform the market (pegged to the S&P 500 Index) by approximately 5.13% and the worst 5% underperform by approximately 15.73%. We last analyzed [...]

The November 21 WSJ article “Hedge Funds Kiss Their Alpha Goodbye“ and a follow-up article look critically at the performance characteristics of hedge funds by presenting facts that, in authors own words, “aren’t exactly great PR for the hedge fund industry.” The article and its controversial conclusions got a lot of attention so we were [...]

Please click on the enclosed video for a quick, step-by-step analysis of American Funds Growth Fund of America. Please check our blog and research area in the near future for a longer-term quantitative analysis of this fund with associated .pdf reports.

by Daniel Li and Alexandre Dussaucy By the end of September, John Paulson’s two flagship funds, the Paulson Advantage and the leveraged Advantage Plus fund, have lost 32% and 45%, respectively, for the year. As these losses loom large, many analyses and commentaries are trying to explain what went wrong. These reports, such as the [...]