Hedge Funds Outpace Stocks in 2015, As Tiger Nehal Chopra Roars

With hedge fund indexes generally up low single digits, alternative investment strategies appear to be off to a strong, if somewhat correlated, start to the year. With the S&P 500 up 1.54 percent year to date, and the Barclay-Hedge Fund index up 2.14 percent, many hedge funds are rising with the stock market -- including managed futures CTAs, which are up 5.57 percent year to date based on Barclay BTop50 investible CTA index. This performance comes despite changing market trends in late February that saw the oil price trend lower stall.

It is a positive correlation to stocks when stock are rising that is acceptable. It is the point when negative price trends in the...