SDI Partners Review – Accredited Partner Fund Continues Hot Streak

A number of CTAs and quant funds are among the top performers this year.

David Rosenberg, Founder & Managing Partner at SDI Partners

Now this is what you call uncorrelated returns.

SDI Partners Accredited Partner Fund posted a 14.19 percent gain in March. As a result, the systematic multi-strategy fund is up a hard-to-believe 42.48 percent over the first three months of the year, according to the firm’s latest monthly report, available on Preqin.

Although no other hedge fund comes close to matching this astounding return, several other commodity trading advisors and quant funds have also seen huge jumps this year even after suffering losses in March. Many are up by double-digit rates.

The computer-driven strategy is known for its noncorrelation to the stock market. It has enjoyed its best years during market meltdowns.

The stock market is down this year by low-digit rates, but a number of CTAs and quant funds are easily beating the major equity indices. The best example, of course, is SDI Partners. The road to its nearly 45 percent gain included 13.96 percent and 14.33 percent gains in January and February, respectively.

The fund’s strategy involves systematic currency, commodity and equity options trading plus market making, according to the firm’s website.

According to the firm’s March monthly report, increases were driven mostly by market volatility.

Elsewhere, the Alpha Low Volatility Fund, DUNN Capital Management’s World Monetary & Agriculture Program & Aspect Diversified Fund sank last month but are still up for the year, while the Quantedge Global Fund and Man Group’s AHL Diversified Fund are up last month and on the year, according to hedge fund databases.