All hedge fund indices outperformed the S&P 500 last week, with CTAs at the top with a return of 1.7%, according to Bank of America Merrill Lynch’s Hedge Fund Monitor. The diversified hedge fund index was up 0.4% last week, while the S&P 500 was down 1.5% on a price returns basis.
Chad Burlet and Bob Otter became friends when Burlet directed the cash/futures convergence trade for Cargill and Otter executed Cargill’s soybean trades on the floor of the CBOT. More than 30 years later that friendship turned into a partnership leading to the creation of Third Street Ag in 2012.
Protec Energy Partners has produced solid risk-adjusted returns over its three-year track record, probably because principals Todd Garner and Andrew Greenberg have been working together for 14 years and both have worked in the energy field for more than 30.
Robert Lavin has spent 30 years trading for institutions, customers, government agencies and himself, but may have found his niche with the recent relaunch of commodity trading advisor Vallen Advisors.