Some of the best hedge fund stock pickers are those many investors may never have heard of before, how is that possible? Hedge fund stock pickers: Separating alpha from beta Separating hedge fund managers from their “alpha,” or individual skill at selecting appropriate investments, from “beta,” or the general performance of a market or stock sector, was the goal of a new study from Alpha Attribution. “Lots of the big guys have been coasting on the relentless nature of the current bull market – not that there’s anything wrong with that,” Josh Brown wrote about the study. “The bill collectors don’t…
Study Identifies Best Hedge Fund Stock Pickers
Mark Melin
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.