It has been mostly a difficult year for active fund managers, a JPMorgan equity strategy report notes, as even quantitative funds in the equity space are finding challenging market environments. Underneath the market structure is a stock sector rotation cycle in flux, moving from the overvalued and popular names to the undervalued. What has resulted is a largely rotation driven activity in a low volatility environment that might favor core value investors.
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.
Finding the most attractive stocks around could be a relatively simple process
Peter Lynch’s track record as an investor is exceptional. Between 1977 and 1990 his Magellan fund recorded an... Read More
Larry Robbins' Glenview Capital now owns a 8.39% stake in Community Health Systems (NYSE:CYH). The stake of 7,649,773 is worth approximately $230 million. Prior to this filing, Glenview Capital owned 1.79%... Read More
Colleague Jack Otter caught up with AQR Capital Management’s Cliff Asness at Morningstar’s June conference to discuss a heady subject: The efficiency of markets.
On one side are those who... Read More
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