With interest rate futures now pointing to more than a 100% chance of a rate increase in December, Birch Grove Credit Strategies hedge fund is making preparations for how to handle a rising rate environment. The three-year-old New York-based Long / Short credit fund is up 3.49% year to date and has laid plans to fight lower bond prices in a portfolio that is overwhelmingly long, according to letter to investors reviewed by ValueWalk. Also see JHL: A One Percent Rate Hike Could Cause A $10 Trillion Crash Q3 2016 hedge fund letters Birch Grove Credit Strategies – Fed fund…
Birch Grove Credit Strategies Prepares For Rising Rates As Fed Hike Odds Hit 100 Percent
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.
Comments are closed.