May 26, 2025· 50 min

Why Asset Allocators Love Multi-Strategy Hedge Funds

Ronan Cosgrave

Orality

Model

50%

Speaker Breakdown

HostJoe Weisenthal(2,067 words)

M:94%

HostTracy Alloway(1,088 words)

M:29%

GuestRonan Cosgrave(6,480 words)

M:28%

Oral Indicators

Agonistic25%

very, definitely, huge

Engagement75%

you, our, your

Memory Aids100%

listen, right, so

Repetition100%

know (127x), they (83x), it's (78x)

Parallelism73%

And I'm Tracy Alloway...., So you should really just go g..., And I'm Joe Weisenthal....

Sound Patterns100%

127 question(s), alliteration: "markets move", alliteration: "barclays brief"

Formulaic Phrases8%

at the end of the day, you know what, i mean

Literate Indicators

Hedging6%

may, maybe, probably

Passive Voice4%

are revealed, is when, is designated

Abstract Nouns14%

investment, business, chase.com/business

Subordination7%

because, since, though

Sentence Length31%

Avg: 12.7 words/sentence

Word Complexity47%

investment, analyze, anticipate

Academic Markers3%

according to

Impersonal Style25%

782 personal pronouns found

Descriptive Style87%

apply, really, probably

Description

Multi-strategy hedge funds have been having a moment with big asset allocators pouring billions of dollars into names like Millennium and Citadel. And given all the growth, multi-strat funds have also been battling each other for talent. But why, exactly, do big investors seem to love multi-strats so much? What actually makes a multi-strat good to invest in? And how do fees and compensation work? In this episode, we speak with Ronan Cosgrave, a partner at Albourne Partners, which advises institutional investors on investing in hedge funds and other alternative asset classes. We talk about key differences between multi-strats and pod shops, plus the importance of pay to the business model. The Math Powering Profits at Multi-Strategy Hedge Funds Multistrategy Hedge Funds Delivered Again in 2024 Odd Lots Live is returning to New York City on June 26. Get your tickets here! See omnystudio.com/listener for privacy information.

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