“Serious doubts” raised about hedging potential of long-only commodities
| Jan 13th, 2011 | Filed under: Academic Research, Hedge Fund Industry Trends, Today's Post | By: Alpha Male |
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Regular readers of this website know that managed futures strategies have almost always provided a stellar downside protection when the equity markets fall out of bed. While many managed futures funds trade in physical commodity futures, many others trade in futures based on financial instruments. Still, many (including, admittedly, us) sometimes treat managed futures as a hedged version of long-only commodity investing, like comparing a market neutral equity fund to a long-only equity fund.
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