We use cookies to track usage and preferences. See Cookie Policy
Pocketmags Digital Magazines
IT
Pocketmags Digital Magazines
   You are currently viewing the Italy version of the site.
Would you like to switch to your local site?
Digital Subscriptions > The Hedge Fund Journal > Issue 111 - February 2016 > Editor’s Letter

Editor’s Letter

FEBRUARY 2016

As 2016 starts with one of the worst ever equity market performances, systematic and quantitative (SQ) funds are topping the performance tables, with traditional trend-following CTAs in the lead. As markets move into uncharted territory, dispassionate SQ funds seem well placed to cope. Oil and various metals have, for some time, been trading well below marginal production costs for much of the supply curve, but the glut of these commodities stubbornly persists, and trend models have followed prices down. They have also profited from the continuing appreciation of government bond prices. Negative interest rates were dismissed as temporary or anomalous by some discretionary traders. Now those prices above par look like prescient signals, with at least five central banks (in the Eurozone, Sweden, Denmark, Switzerland and Japan) setting official interest rates below zero – and some academic economists are proposing more radical policies that could drag rates further into negative territory. Eliminating cash is not as outlandish as it might sound, with electronic payments ubiquitous and physical currency already down to a single-digit percentage of overall currency in some countries.

READ MORE
Purchase options below
Find the complete article and many more in this issue of The Hedge Fund Journal - Issue 111 - February 2016
If you own the issue, Login to read the full article now.
Single Issue - Issue 111 - February 2016
€129,99
Or 12999 points
6 Month Digital Subscription
Only € 140,00 per issue
€699,99
Or 69999 points

View Issues

About The Hedge Fund Journal

INFORMING THE HEDGE FUND COMMUNITY With access to some of the industry’s biggest names and an astute and talented group of writers and contributors, The Hedge Fund Journal has established itself as a trusted source of information on the hedge fund industry.
Modalità di pagamento Pocketmags Payment Types
A Pocketmags si ottiene Fatturazione sicura Ultime offerte HTML Reader Regali Loyalty Points