Is hedge fund performance about to change? While it is too early to categorize this as a trend, there is a subtle shift taking place on the HSBC Hedge Weekly performance list that ValueWalk has been noting. Last week, with nearly ¾ of the top 20 hedge funds being of the managed futures CTA variety, public discussions regarding trend reversals in key commodity markets and a more bullish trading range in stocks were top considerations leading some to wonder if CTA market environments were on the verge of changing. A subtle shift in the HSBC index, while not definitive, could…
Could A Significant Hedge Fund Performance Shift Be On the Way?
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.