Bearish Hedge Funds, Managed Futures Lead Early In 2016

Bearish Hedge Funds, Managed Futures Lead HSBC List Early In 2016

Looking at the HSBC Hedge Fund performance weekly top 20, one trend is obvious. A certain hedge fund strategy known to perform during crisis is living up to its billing. With the S&P 500 down 5.07% in January, managed futures hedge funds are up near 2 percent depending on the index on deems most appropriate. The Credit Suisse CTA / Futures index is up 2.9% year to date as one proxy while the HSBC managed futures systematic / global category is up 4.06%. That's not to say the strategy is perfect, but it is to say certain algorithmic strategies are correlating with their expected market environments. Understanding why this...