K2 eyes sector-driven hedge fund gains

The $10.7 billion fund of hedge fund firm K2 Advisors is as bullish as ever on its long/short equity investments, as officials expect active sector-oriented management to create alpha in the next 12 months as the U.S. stock market continues to hit new highs.

Brooks Ritchey and Robert Christian, co-heads of investment research and management at K2 said in their most recent hedge fund strategy outlook that hedge fund managers who shift to securities that have lagged in recent years while hedging out broader market risks or shorting overvalued names will be . . .

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