Best/Worst Hedge Fund – March 2019

Amongst the funds that have reported for March, we see close to a 100% dispersion between the worst and best Strategy. We also note that some of the outliers are trading systems rather than actual hedge funds. A future update may reclassify these. Sign up for the underlying database here (free).

The Nilsson Report is Updated!

The premier source of free hedge fund and managed futures data is updated with the first March numbers. On average, the tracked universe has positive returns, with the range of reporting fund varying from -21% to +29% for March. YTD, the variation is considerably larger with a substantial amount of outliers. The report can be … Continue reading The Nilsson Report is Updated!

Database Updated

The first March database is updated and it seems to have been a good month as one third of the managers have already reported returns. The Database contains 970 different managers, representing 1788 different investment strategies. For the current reporting month, 320 managers have reported returns. For the prior month, we have 929 live managers. … Continue reading Database Updated

Man vs Machine

Based on the managers having reported to the database, we note that dispersion for systematic managers was smaller in February than in January (with the caveat that we have not seen all managers reporting data yet). For discretionary managers, according to our classification, dispersion was stable for January and February. Neither of the two main … Continue reading Man vs Machine