The New York-based R.G. Niederhoffer Capital Management's flagship Diversified strategy returned 57.4% last year as the quantitative hedge fund took advantage of market volatility.
Roy Niederhoffer founded his firm in the mid-90s with the underlying philosophy that quantitative methods can predict behavioral biases in the markets and the belief that markets will be most predictable when emotion is running high.
That's precisely what happened last year when fear gripped traders and investors alike.
Trading Uncertainty
The firm, which managed just over $900 million at the end of February, reported a strong performance across all of its strategies.
Alongside the Diversified strategy, the Smart Alpha and Emerald strategies returned 13.5% and 50.3%, respectively.
Q4 2022 hedge fund letters, conferences and more
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