Because the volatility was so low, a lot of people leveraged up to improve returns. That explains some of the huge drawdowns. Christian Gerlach More Quotes by Christian Gerlach More Quotes From Christian Gerlach It's the worst place to be, but a long/short fund still has a lot of opportunities. Christian Gerlach money Inflation hasn't come back and that goes hand-in-hand with the asset class not coming back. Investors are hesitant and you see that with the withdrawals. Christian Gerlach money It's a market neutral strategy, so we're always hedging our positions – that helps in such a bad long-only environment. Christian Gerlach money
