When Gary Brinson, founder of Brinson Partners and former chief investment officer at UBS Global Asset Management, looks at the conundrums around the world, he has decided to take a risk-off stance. Speaking at the CFA Chicago Society luncheon Wednesday, Brinson noted conundrums around the world where one solid economic correlations have become unhinged amid financial repression, fed balance sheet concerns and markets that have significantly diverted from their mean. A mean, mean reversion could be coming, he noted. Brinson doesn’t know when the market price adjustment will occur. Like Ray Dalio, he said the market adjustment could be a…
Value Legend Gary Brinson Calls Hedge Fund Investors "Delusional"
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.
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