GIC, Singapore's sovereign wealth fund, has maintained a hedge fund investment program for over two decades.

The influence of multi-strategy hedge fund platforms, which employ aggressive risk-cutting guidelines, creates a risk of cascading liquidations across seemingly unrelated markets.

GIC's primary investment objective is to generate real returns above inflation to compound the real purchasing power for Singapore.

Dan Fagan dislikes the term 'black box' for quantitative strategies, arguing that one can gain more confidence in systematic quant managers than in discretionary human investors subject to emotional b...

Assuming an aggregate gross leverage of 2.5x, the total market footprint of the hedge fund industry is estimated at $10 trillion, equivalent to half the size of the U.S. Treasury market.

Dan Fagan finds the emerging manager space particularly interesting in the current environment, as it attracts entrepreneurial individuals focused on building long-term businesses.

GIC's hedge fund investment process is bottoms-up and strategy-agnostic, focusing on finding compelling opportunities globally rather than setting top-down strategy budgets.

GIC views hedge funds as important vehicles for providing valuable diversification to large institutional portfolios.

Historically, multi-strategy platform hedge funds have outperformed equity markets on a total return basis, while exhibiting volatility and market betas that are as low or lower than the overall hedge...

The total equity capital of the hedge fund industry is estimated at approximately $4 trillion, which is less than the combined $5 trillion market capitalization of Apple and Microsoft.

Dan Fagan believes the available pool of high-quality trading talent is insufficient to support the recent, rapid proliferation of assets under management (AUM) in the multi-strategy platform hedge fu...