After posting +79.4 percent returns in 2013 and 34.9 percent in 2012, the Senvest Partners returns train slowed in January, generating a -0.2% return at a time when the S&P 500 (INDEXSP:.INX) fell -3.5%, according to an investor letter reviewed by ValueWalk. Senvest Partners: impressive loss in January given long exposure The -0.2% January return was even more impressive given Senvest Partners’ 130 percent long exposure. “The Fund benefitted from a number of positions that had significant moves higher which offset the overall market weakness,” the investor letter said. Flavor technology company Senomyx Inc. (NASDAQ:SNMX), one of Senvest’s holdings, lead the…
After 80% Return In 2013, Senvest Starts 2014 With Gains
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.