BTG Pactual Lulled To Sleep By August Markets

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Mark Melin
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Updated on

BTG Pactual’s Global Emerging Markets and Macro (GEMM) hedge fund had a sleepy August, much like the markets themselves. In an investor update reviewed by ValueWalk, the fund was slightly hit, down -0.13% in August, after being off -0.12% in July. The BTG Pactual fund is perhaps among the most strategy diversified among major hedge funds, engaged in both fundamental and systematic strategies across emerging and developed market debt and stock markets. Amid dampened market activity over the last three years, however, the fund has performed near the flat line. Also see Luis Stuhlberger Gains In August On Shorts In Singapore…

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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.