BLOGS. March 26, 2026
Separately Managed Accounts Enter the Age of Discipline
Separately managed accounts are no longer a novelty in the institutional investment landscape. What began as a specialist product offering has grown into a core part of how hedge fund managers raise capital and how allocators construct portfolios. In our "Separate Ways II: The SMA Playbook for 2026" report, produced in partnership with Hedgeweek, we surveyed 100 hedge fund managers and 50 allocators globally to examine precisely where this market stands today. Our research illustrates a maturing industry grappling with the gap between promise and operational reality.
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