Secretive Hedge Fund Said To Close

HFA Padded
Mark Melin
Published on

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…

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HFA Padded

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.