A hedge fund performance shift is beginning to take shape, as the second place spot on the HSBC Hedge Weekly performance list is now a long / short hedge fund player and managed futures CTAs that dominated last week slip down or off the performance list. The number two fund manager in second place, John Burbank’s $550 million Passport Special Opportunities Fund, however, is a rarity in the category. With this in mind, how does a long / short portfolio manager generate noncorrelated performance? At Lazard, both a managing director in portfolio advisory and separately a long / short portfolio…
Hedge Fund Performance Shift Starts To Take Shape
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.