After some of the worst market environments in the history of certain hedge fund strategies, a handful of institutional investors appear to be scratching their heads as to the effectiveness of such alternatives, openly discussing withdrawing their support. Average pension gains from hedge funds A recent Wall Street Journal article noted that average pension gains from hedge funds for three years ended March 31, 2014 as a paltry 3.6 percent. During this time hedge fund managers faced a Fed driven artificial stimulus driving market environment factors to an undeniable degree. This market environment typically only witnessed stocks move higher sometimes…
Pensions Talking Withdrawal From Hedge Funds
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.