Some might consider Platinum Partners’ 2013 performance, estimated at 10.32% according to an investor letter reviewed by ValueWalk, to be subpar when compared to nearly 30% index returns found in the equity markets. But that misses the point. Platinum Partners is a diversified fund with many niche strategies with a significant focus on risk management. Since its founding in 2003 it has never had a losing year. But perhaps most significant to hedge fund allocators might be the fact that while the annualized standard deviation is 4.96%, the vast majority of that volatility came from the upside. Downside deviation was…
Platinum Partners Up In 2013; 11th Straight Up Year
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.