Niederhoffer Diversified Up Nearly 10% In January

R.G. Niederhoffer’s (RGN) lead fund, the Diversified Program, which has AUM of $472M, posted a return of 9.3% during 2013. The much smaller Optimal Alpha Program, AUM of $11M, gained 24.7% during the same period, according to a letter to investors reviewed by ValueWalk. R.G. Niederhoffer’s January performance Though 2013 returns may appear low in the context of the overall gain seen in equities that year, the Diversified Program really came into its own in January, a month marked by global turmoil and weakness in equities. “Our flagship Diversified Program gained +7.5% in January, maintaining its strong protective quality during…