"Young Turk" Okumus Sits Atop Hedge Fund Leaderboard

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Mark Melin
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A “young Turk,” as Forbes magazine once called him, has taken the lead in the HSBC hedge fund sweepstakes. Ahmet Okumus, who knew as a young trader hanging out at the Istanbul stock exchange he wanted to be a hedge fund trader, is atop the leader HSBC hedge fund leader board. Okumus Opportunistic Value Fund, LTD Class C, is on top of the HSBC HedgeWeekly report, besting Pershing Square after the Bill Ackman-led fund launched an initial public offering and his stock price has floundered. Okumus beats Merchant Commodity Fund for top position The 44-year old Okumus is a research-focused…


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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.