Fri, Apr 19, 2024
A A A
Welcome Guest
Free Trial RSS pod
Get FREE trial access to our award winning publications
Alternative Market Briefing

Managed account 3D Capital is up nearly 70% of the time the S&P 500 is down

Monday, September 18, 2017

Komfie Manalo, Opalesque Asia:

Separately managed account 3D Capital Management programs utilize a global macro, systematic investment approach to trade exclusively in the E-mini S&P 500 futures contract. The programs have achieved profit nearly 70% of the time the equity market is down on the month, Eric Dugan, 3D Capital's President and Portfolio Manager claimed.

In an interview with Opalesque, Dugan said that 3D uses multiple global markets and asset classes to identify and capture daily movements both up and down in the S&P 500. By way of example, he mentioned that the Nikkei, London gas, oil, silver, U.S. bonds and the yen are some of the markets he uses to forecast the daily direction of the S&P 500.

He said, "Because our programs are dynamic and typically don't hold positions overnight we are able to adapt to different trading environments. Our performance reflects our message in that we believe in Daily risk management, a Dynamic investment approach and great Defense [hence the 3D]. This has enabled us to generate consistent positive returns that have outperformed most of the managed future benchmarks since our program's inception, and profit nearly 70% of the time the S&P 500 is down on the month."

Dugan's favorite quote of Paul Tudor Jones' "You adapt, evolve, compete or die," has been central to the evolution of 3D's programs, and has enabled 3D to navigate the challenging market condition......................

To view our full article Click here

Previous Opalesque Exclusives                                  
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. KKR raises $6.4bn for the largest pan-Asia infrastructure fund[more]

    Laxman Pai, Opalesque Asia: The New York-based global investment firm KKR has raised a record $6.4bn for its second Asia-focused infrastructure fund, underlining investors' continued appetite for private markets. According to a media release from the alternative assets manager, the figure top

  2. Bucking the trend, top hedge fund makes plans for a second SPAC[more]

    From Institutional Investor: SPACs aren't dead. At least not to the folks at Cormorant Asset Management. The life sciences firm, whose hedge fund topped its peers in 2023, is confident it will match the success of its first blank-check company. Last week, the life sciences and biopharma speciali

  3. Benefit Street Partners closes fifth fund on $4.7 billion[more]

    Bailey McCann, Opalesque New York: Benefit Street Partners has closed its fifth flagship direct lending vehicle, BSP Debt Fund V, with $4.7 billion of investable capital across the strategy. Benefit Street invests primarily in privately originated, floating rate, senior secured loans. The fun

  4. 4 hedge fund themes that are working in 2024[more]

    From The Street: A poor earnings report from Tesla (TSLA) has not hurt the indexes on Thursday. The decline in Tesla stock, which is losing its position in the Magnificent Seven pantheon, is more than offset by strong earnings from IBM (IBM) and ServiceNow (NOW) . In addition, the much higher-t

  5. Opalesque Exclusive: A global macro fund eyes opportunities in bonds[more]

    Bailey McCann, Opalesque New York for New Managers: Munich-based ThirdYear Capital rebounded in 2023, following a tough year for global macro. The firm's flagship ART Global Macro strategy finished the year up 1