Argonautica

Professional investors can review published thought leadership and market updates from the Argonaut Investment Team.

1 post found for October 2015

‘Trash Can Rally’

Following a very difficult August and September for markets, the start of October has seen a market rally, but has proven to be a much more challenging period for alpha generation. Previously successful short positions have squeezed higher, as hedge funds attempt to close winning positions at the same time. Similarly long positions, while faring slightly better in comparison, have also come under selling pressure and underperformed as a result. By analysing the broader market, the key factor to…