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After Brutal 2016, Odey Starts Off 2017 On A Positive Note

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Mark Melin
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As the 2017 hedge fund returns derby is a handful of weeks old – and still too early to document trends relative to the start of the year – it is a massive readjustment on the leader board. There is, of course, the Odey Fund, at the bottom of last year’s HSBC Hedge Weekly list, now at the top of this year’s tally, up 4.65%. Many of last year’s winners have yet to report their performance in 2017, however. What might be most interesting to watch is low volatility hedge funds that delivered out-sized 2016 performance. Will they revert back to their mean performance in 2017 or break into a new returns range?

2016 Hedge Fund Letters

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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.