When Robert Bass, the American businessman and philanthropist, decided to open a new family office to manage his considerable net worth, he turned to Mark Anson. Anson is CIO and co-founder of Acadia Investment Management, Robert Bass's family office. He is among a handful of pioneers advanced in private wealth management, setting new standards for hedge fund investment and portfolio construction today.
Will Smart Betas Make Hedge Fund Managers Obsolete?
Smart betas, according to Acadia's Mark Anson, capture some of the skills that make hedge fund managers special — which may lead investors to wonder why they're paying 2 and 20.
