October could end up being a largely negative month for hedge funds with one notable exception. In the latest hedge weekly it is easier to count the small number of winners in the HSBC weekly survey of performance than it is to count the endless losers. If one takes out the managed futures performers – a hedge fund category that is overwhelmingly positive in October – hedge fund losers outnumber winners by nearly 4 to 1. Pershing Square leading hedge funds The red numbers posted in October extend to Pershing Square, which has been atop the leader board for most…
Hedge Funds Mostly In The Red In October, But There Is One Standout
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.