Fund of Hedge Funds

2014 Investor Outlook: Morgan Creek’s Mike Hennessy sees investors playing “time arbitrage”

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Predictions for the next year from the co-founder of $7 billion fund of funds Morgan Creek Capital Management.

2014 Investor Outlook: Cambridge Associates | Clearbrook | GAM | Goldman Sachs Asset Management | J.P. Morgan Alternative Asset Management | Liongate Capital Management | Morgan Creek Capital Management | Morgan Stanley Alternative Investment PartnersProtégé | Wells Fargo


  Michael Hennessy, co-founder of $7 billion fund of funds Morgan Creek Capital Management
 Michael Hennessy, co-founder of $7 billion fund of funds Morgan Creek Capital Management.

What hedge fund strategies will do best in 2014? Why?

Last year we broadly favored equities over credit, but