September was a good month for short term trend followers, including high frequency trading firms. R. G. Niederhoffer Capital Management, a well-known hedge fund categorized as a “commodity trading advisor,” returned 6.7 percent in September in two of the firm’s three strategies, according to a company performance reviewed by ValueWalk. Niederhoffer’s Optimal Alpha Program up 12.2% YTD September’s strong performance for Niederhoffer in his flagship Diversified Program, founded in 1993 with $419 million under management, brought the fund positive for the year, erasing the negativity of a trendless period of time and pushing the fund to a 4.4 percent year…
Niederhoffer Turns In Big September As Trends Emerge
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.
