The CTA / Quant Macro hedge fund category was the best performing strategy in May but hedge funds as a whole continue to lag the stock market, according to the May Hedge Fund Monthly Update from UBS. Emerging Markets hedge funds lagged behind in second place The CTA/Quant Macro category, traders who often utilize derivatives and algorithms to deploy capital in markets, were up 2.4 percent in May, the largest advance of any hedge fund category survived. Emerging Markets hedge funds lagged behind in second place at 1.8 percent monthly return. The average for the entire hedge fund strategy group…
Hedge Fund Shorts Retreat As Mo Mo Rally Continues
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.