After five years of consistent double digit returns, Omni Partners Macro Fund ended 2013 down -4.87%, the first time the fund ended in the red in its seven year history, according to a letter to investors reviewed by ValueWalk. The London-based hedge fund has a total of $1.4 billion under management in three strategies. Early hedge fund investors in the discretionary fund had grown accustomed to a 14.42% compounded annual return and were disappointed by 2013’s loss as well as the paltry 0.73% gain in 2012 – both years the stock market enjoyed robust double digit gains. Macro fund was…
Omni Partners Macro Fund Reports First Losing Year In History
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.