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Alternative Market Briefing

Millennial emerging hedge fund manager's strategy up 6.96% net YTD

Tuesday, December 06, 2016

Matthias Knab, Opalesque:

Julian Marchese, CEO & Portfolio Manager, Marchese Investments, writes on Harvest Exchange:

Launched on Oct. 6 2015, the Marchese Investments quantitative strategy was up 4.68% that year and is up 6.96% net as end of November in 2016. Marchese Investments ("MI") CEO & Portfolio Manager Julian Marchese said that Alpha’s Technical Trend Reversion Strategy generated the majority of November’s gains (0.93% net), mainly through financial & energy sector long exposure near the end of the month. The postelection bond rout impacted MI Alpha’s Alternative Beta Static Strategy, keeping gains limited throughout the month. MI Alpha’s VIX Term Structure Arbitrage Strategy also contributed to some losses as VIX futures continuously traded at a premium and held a consistent bid till the time December came around.

"MI Alpha’s Technical Trend Reversion Strategy continues to predominately look for long positions. Seasonal opportunities continue to present themselves at the beginning and end of the month in both equity and fixed income markets. We could expect to see the momentum aspects of our Technical Trend Reversion Strategy represent a larger part of the overall MI Alpha portfolio in the coming quarters as US equity markets have been in a range for over a year; it is only a matter of time that we see a confident break out of this range," he said.

MI Alpha is currently employed in three Separately Managed Accounts handled by Marchese Investments, and......................

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