For Dmitry Balyasny, founder and Chief Investment Officer at Balyasny Asset Management, 2016 was a “roller coaster” that few could have anticipated. With the S&P 500 up 11.57% in 2016 via the SPX, Atlas Global subtracting -1.33% off performance on the year is a result of “challenges” the fund faced, a year-end letter to investors reviewed by ValueWalk said. Addressing disappointing performance in the wake of a nearly doubling in assets over a short period, Balyasny pointed to running a noncorrelated and a difficult market environment for strategy problems. 2016 Hedge Fund Letters Size doesn’t matter: Dmitry Balyasny says growth…
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- 2016 Hedge Fund Letters
- Size doesn't matter: Dmitry Balyasny says growth did not cause performance problems
- Balyasny has new Head of Systematic Strategies on tap, but doesn't think Long / Short is going to be disrupted by algos
- Dmitry Balyasny's top market call likely would have been missed by algorithms because it was based on how humans might illogically act
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