After Strong 2016 Performance, Moab Looks For Cheaper Hedges

Moab Capital Partners Portfolio Manager Michael Rothenberg watches this market activity while scratching his head. Markets have priced in a significant degree of Trump perfection, which seems odd given the known unknowns. Looking over 2016 the $572 million hedge fund manager noted its performance was tempered by market hedges – which smoothed out volatility during the many points of stress throughout the year. Nonetheless, given its 2016 performance closely matched that of the S&P 500 over the period of time, the hedges served their purpose. The issue is how will the strategy perform in 2017?

Moab Partners Profits From Trump Victory With Short …

2016 Hedge Fund Letters