It is a different world from the point when billionaire investor Julian Robertson first perfected his investing style. The Tiger Management founder was known to consider a macro outlook when making trade filtered down into individual stock selection. This strategy worked well during the pre-internet age. Nearly 18 years after his hedge fund was closed and he produced a litter of “Tiger Cubs,” hedge fund managers who learned the art under Robertson, the strategy finds a very different market environment. As computers pour over mountains data to find elusive alpha, some of the Tiger strategies have been having trouble. Marble…
Secretive Hedge Fund Said To Close
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.