Clinton Group Sent Redemption Letter After "Disappointing" Performance Presentation

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Mark Melin
Published on
Updated on

It might have been a slightly uneasy, awkward feeling when the Clinton Group’s George Hall, a pension fund investment advisor, addressed the New Haven Police and Fire Retirement Fund meeting on July 27. This was before a market sell-off plunged the stock market to its worst August sell-off since Long Term Capital Management sparked a 1998 predicted disaster. And here it was, with the S&P 500 still clinging on to 2067 on July 27, Hall was explaining negative investing performance to the very retirees who put their lives on the line for the public.   Clinton Group outlines turnaround strategy…

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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.