In select alternative investment circles a “hedge” fund manager puts their skill on display when the stock market heads south. While no one can predict the future, noncorrelated investment managers use logical probability analysis to forecast the potential for volatility and then put cost effective hedging methods to work when the likelihood of volatility on the horizon increases. Looking at the macro potential for volatility surrounding what was known as a China slowing, global defilation and an impending Fed rate hike, Dmitry Balyasny's Balyasny Asset Management dialed its financial engine to noncorrelated in August and their investors benefited on a relative basis.
