Trend following strategies finally had a correction month, with many (but not all) programs surrendering roughly one-fifth to one-quarter of their YTD returns
Many (but not all) of the equities-based strategies we track – both L/S equities programs and market neutral strategies - seemed to have a challenging month
From adhering to compliance regulations to retaining email conversations, maintaining accurate records has become critical to proper understanding of the history of every aspect of the firm’s process and actions