Hedge Fund Sees 30% Gain by Betting Only on Tomorrow, Literally
- Runestone Capital invests only in one-day U.S. volatility
- Runestone targets average annual return of more than 20%
Hedge Funds Brace for Hard Times
This article is for subscribers only.
This hedge fund is only looking one day ahead.
That delivered a 30 percent return in 2016 for the London-based Runestone Capital Fund, which crunched more than 700 variables to develop a quantitative model for trading U.S. equity index volatility.