After Two Years Of Subdued Performance, Barnegat Showing Signs Of Life

When considering the panoply of potential noncorrelated investments, allocators often turn to quantitative offerings and CTA strategies. But Hoboken, NJ-based Barnegat Fund Management is putting that notion to the test. The fixed-income relative value strategy violates many of the traditional rules that the strategy would imply as it exhibits almost no correlation to the bond or stock markets. After a few years of poor performance, the fund is back in 2017, up 15.17% after the second half, according to a fund document reviewed by ValueWalk.

Barnegat Fund doesn't look like a typical fixed-income trader

It is difficult to simply categorize Barnegat into the traditional investment buckets. Yes, they primarily...