An odd returns dispersion has occurred over the past months, a Credit Suisse report notes. Hedge funds generally had difficulty in August and September as the stock market faltered but when markets rebounded in October, many well-known hedge funds once again lagged the indexes. Hedge funds underperform in October Credit Suisse notes Citing the CSAM Hedge Fund Master’s index gain of 0.5 percent in October, the report noted how such hedge fund performance lagged significant gains in other benchmarks, For instance, the MSCI World Equity Index was up 7.8 percent over the same period, while high yield credit default swap…
Credit Suisse Tries To Explains Lagging Hedge Fund Performance
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.