Moab Capital Partners Portfolio Manager Michael Rothenberg watches this market activity while scratching his head. Markets have priced in a significant degree of Trump perfection, which seems odd given the known unknowns. Looking over 2016 the $572 million hedge fund manager noted its performance was tempered by market hedges – which smoothed out volatility during the many points of stress throughout the year. Nonetheless, given its 2016 performance closely matched that of the S&P 500 over the period of time, the hedges served their purpose. The issue is how will the strategy perform in 2017?
Moab Partners Profits From Trump Victory With Short ...
2016 Hedge Fund Letters
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