There is a controversial alternative investment technique known as investing in a good manager after they experience a drawdown. Investing in activist hedge fund manager Bill Ackman could be a case in point. Is Bill Ackman the comeback player of the year? CNBC‘s hedge fund reporter Lawrence Delevingne questions if Bill Ackman is the comeback manager of the year. The hedge fund titan had been accused of losing his golden touch in 2013 – along with $1.2 billion in assets under management, as investors pulled their funds due to performance. That was the year fellow activists Carl Icahn and Dan…
Bill Ackman Makes The Case For Hedge Fund Investing On A Drawdown
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.