| 30.07.2010 - Black-box funds perform as bubbles burst |
| From Reuters: Black-box funds based on mathematical models give investors a means of reducing risk and can perform strongly even when asset bubbles burst, the chief executive of one such fund told Reuters on Thursday. Paul Mulvaney, who owns more than 95 percent of Mulvaney Capital, said managed futures funds or CTAs (commodity trading advisors) performed strongly when the Internet bubble imploded and when the credit crisis struck..............................................Full Article: Source |