With Maglan Capital’s event-driven hedge fund up just over 11 percent on the year, the firm’s leadership is positive on the markets going forward. Maglan Capital: Economic fundamentals are “not perfect” In a letter to investors, Steven Azarbad, the fund’s chief investment officer and David D. Tawil, president, say the economic fundamentals are “not perfect” and concerns that “the equity market can’t go up forever will persist,” the bankruptcy specialists say improving corporate data and performance can’t be ignored. Maglan invests in companies experiencing financial distress, bankruptcy or restructuring. With under $100 million under management, the nimble fund delivered 58…
Maglan Capital Concerned About August But Up 11% YTD
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.