Pension Funds Struggle As Risk Parity Collects Fees – ValueWalk Premium
30Oct2015

Pension Funds Struggle As Risk Parity Collects Fees

It has been a challenging twelve moqnths for the San Mateo County, California pension fund. With market volatility the rule rather than the exception, and international, domestic and emerging market funds all turning in negative performance, the $3.2 billion pension fund, with a $151 million allocation towards hedge funds, is struggling to deliver positive performance as of late. In particular, risk parity strategies, all the rage . . .

SORRY!

This content is exclusively for paying members.

If you are subscribed and having an account error please clear cache and cookies if that does not work email [email protected] or click Chat.

Author

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.

Related Posts

Estimates for regional banks

Regional Banks Set To Attract Investors’ Fancy: Sterne

13 May, 2021

Investor sentiment towards the regional banks, particularly those with a longer-time horizon, will turn more positive in 2014 and into 2015, note Sterne Agee analysts Terry McEvoy and team... Read More

Billion Dollar Hedge Funds

Hedge Fund Inflows Surge As Sector Achieves Best H1 Performance Since 2009

20 July, 2021

Hedge funds recorded one of their best years of performances in recent history last year. Q2 2021 hedge fund letters, conferences and more The strong run of performance has continued in... Read More

Barclays: What? Me Worry? Get Into Risk Assets They Say

14 May, 2021

“Few investors are seriously worried about another financial crisis,” a Barclays Global Outlook report states, blaring in the title that investors should “Stay the course on risk assets,” following... Read More

This Hedge Fund’s Short Book Returned A Huge 20.5 Percent In Q4

4 February, 2019

The past few years have been difficult for short-sellers, so much that many funds with a short bias all but abandoned their strategy. However, the fourth quarter brought a... Read More

Dan Loeb Third Point

Dan Loeb Goes Bearish And Then Bullish Amid Turbulent Markets [Full Q2 2022 Letter]

19 August, 2022

Dan Loeb's flagship hedge fund, Third Point Offshore, returned -9.3% in the second quarter of 2022, while the firm's Ultra Fund returned -10.6%. Assets under management across the group... Read More

Stock Investment Lesson Pain

Morning Market and Company News: Updates on PM, JNJ, GS, PFE, BX, MU

13 May, 2021

  Market Levels     US:  Dow Futures: 12774.00 (0.09%), S&P 500 Futures: 1349.40 (-0.10%), NASDAQ Futures: 2614.25 (-0.11%) Europe: CAC: 3138.38 (0.38%), DAX: 6402.27 (0.16%), FTSE: 5597.30 (-0.45%). Asia-Pacific: Australia: 4087.60 (-1.08%),... Read More

Looking At The Economic Expansion: How Long Can It Last?

13 May, 2021

By most measures, the current economic expansion has lasted fairly long.  This, of course, begs the question: How long can this economic expansion keep going? Here's a look at the... Read More

david einhorn, reading, valuewalk, internet, investment research, Greenlight Capital, hedge funds, Greenlight Masters, famous hedge fund owners, big value investors, websites, books, reading financials, investment analysis, shortselling, investment conferences, shorting, short bias

Capitalize For Kids – Notes

23 February, 2018

Capitalize For Kids Investment 2017 Conference notes - please note this is not a verbatim transcript, it is written EXTREMELY informally and there are parts where we missed some... Read More

Will Controlling Bank / Brokerage Research Damage Client Relationships?

28 September, 2015

Anyone who reads bank research on a daily basis likely develops favorites – research analysts that provide tradable insight, interesting angles on issues and mathematical perspective that can shape... Read More

Lyxor Fixed income hurts CTAs

Lyxor: Hedge Funds Short the Sterling as BoE Engages in Race to the Bottom

13 May, 2021

When market price trends end or stall, momentum-based hedge fund strategies should be generally expected to experience difficulty, while long / short strategies in the U.S. benefited from sector... Read More

X
Saved Articles
X
TextTExtLInkTextTExtLInk