Hedge fund performance hit a speed bump last week, led by CTAs, who struggled with a shifting equity market environment and continued stagnation in certain commodity and foreign and exchange markets, according to a Lyxor Managed Account Platform report dated June 12. Hedge fund performance hit by “renewed tensions,” as CTAs of multiple time horizons can’t escape poor market price persistence As equity and bond market “experienced renewed tensions,” hedge funds with sizable long exposure to European equities were hit, as the Lyxor Hedge Fund index was down 1.2 percent on the week. While this may seem like a significant…
CTAs Lag As Most Hedge Funds Stumble On Asian Market Dip
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.