The following excerpt is from an interview with David Harding, Managing Director, Winton Capital Management. David’s firm is primarily trend following based.
HedgeWeek: Are institutional investors prepared to take more risk for higher returns?
David Harding: Sadly, the institutional investors and the consultants who service them are doomed forever to make the same mistakes, they all want results with zero risk. Futures fund management, and hedge fund management in general, is not a traditional asset management business