A short energy position was among the winners that helped propel Viking Global Equities to a 5.6 percent gain in the first half of 2015 ending July. The long / short strategy beat the S&P 500 by five times with relatively low volatility of 6.8 percent. The Viking Long Fund, by contrast, experienced volatility of 11.6 percent after generating 7.3 percent returns as of July, according to a letter to investors reviewed by ValueWalk, which was written before the August market sell-off. Viking: Single energy short is strong performer but energy slump also hits long positions Andreas Halvorsen hedge fund…
Viking, Positive In H1, Finds Value In Medical Exposure
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.