Thursday, July 21, 2016

Volatility: "Quantedge Capital Laughs At Your Measly Little Risk Profiles"

From DealBreaker:
The year 2016 hasn’t been especially kind to hedge funds. But it’s been kinder to some than to others. On one end of the spectrum we find Bill Ackman and Pershing Square Asset Management. On the other, Quantedge Capital. The Singapore-based risk premium fund is up 40% this year, thanks to its strong stomach.
Quantedge, by comparison, maintains a common measure of risk known as annualized volatility at a constant and abnormally high level of 30%, two to three times that sought by similar hedge funds, according to investors....MORE
Although the post isn't by proprietor Bess Levin the tags at the bottom of the post sure bear her stamp: