B. G., Opalesque Geneva: In the midst of the current market turmoil, this is the second of our regular reports on hedge fund managers who bucked the trend.

Contrarian and uncorrelated

R. G. Niederhoffer Capital Management’s flagship fund, the Diversified Program, returned +0.4% March and +25% YTD. It is a systematic, short-term trading strategy launched in 1993. The program claims a consistent negative correlation to equities and funds of hedge funds and low correlation to CTAs. It has a contrarian bias, combining core mean-reversions themes with momentum strategies. It is very liquid and highly diversified. The New York-based firm calls it a “rare true alpha strategy”. Since September 1995, it has annualised almost 5% with a volatility of 19%.

Subscribe to our newsletter to receive our latest insights in quantitative investment management. For more info about our investment products, send us an email at info@blueskycapitalmanagement.com or fill out our info request form.