Niederhoffer Turns In Big September As Trends Emerge

September was a good month for short term trend followers, including high frequency trading firms.

R. G. Niederhoffer Capital Management, a well-known hedge fund categorized as a “commodity trading advisor,” returned 6.7 percent in September in two of the firm’s three strategies, according to a company performance reviewed by ValueWalk.

Niederhoffer’s Optimal Alpha Program up 12.2% YTD

September’s strong performance for Niederhoffer in his flagship Diversified Program, founded in 1993 with $419 million under management, brought the fund positive for the year, erasing the negativity of a trendless period of time and pushing the fund to a 4.4 percent year to date performance.  The smaller Optimal Alpha Program, founded in 2004, is up 12.2 percent year to date.