Hedge fund returns outpaced the stock market in October, but were still negative, according to a Morgan Stanley Prime Brokerage report. With stocks looking to break nine straight days of losses on Friday, the report reveals hedge funds were largely involved in starting the short parade. The S&P 500 give up a slight -1.94% in October as hedging the upcoming Presidential election and potential interest rate volatility are the general fundamental reasons attributed to the near 3% selloff that occurred over the last nine days. Also see Q3 2016 Hedge Fund Letters Short exposure helps Long / Short hedge…
Hedge Funds Killed On Healthcare Stocks; US L/S Gross Leverage At Post 08 High
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.
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