As the stock market engages in a manic plunge then rise, with bulls and bears fighting near the 1800 level on the S&P 500 and taking investors on a scary roller coaster ride that might come off the rails, one traditionally ignored hedge fund category is operating as it was designed. Looking at the top 20 performers in the recent HSBC Hedge Weekly review, managed futures CTA hedge funds account for nearly ¾ of the list. The beta market environment of volatility has sparked price persistence that can be captured, mined or otherwise harvested. As Beta Market Environment punishes stocks,…
HSBC Leader Board Reflects Trend In Beta Market Environment As Managed Futures Jolt To Top
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.