Wells Fargo's Taback Sees Tougher Fundraising Environment for Hedge Funds

The video discusses the current fundraising environment for hedge funds, highlighting the challenges faced by smaller funds and the opportunities for larger multi-strategy funds. It explores the credit space as a promising area, particularly in Triple C and Triple B bonds, while expressing concerns about managed futures and systematic macro strategies. The discussion contrasts discretionary and systematic macro strategies, emphasizing the potential in discretionary approaches. It also covers the shift towards active fund management and changes in hedge fund fee structures, noting the trend towards lower fees for longer capital commitments.

What is the current outlook for managed futures in the hedge fund industry?

What trends are being observed in hedge fund fees and client negotiations?