Hedge Fund Sees 30% Gain by Betting Only on Tomorrow, Literally

Ed. Note: This article first appeared in Bloomberg This hedge fund is only looking one day ahead. That delivered a 30% return in 2016 for the London-based Runestone Capital Fund, which crunched more than 700 variables to develop a quantitative model for trading US equity index volatility. “We trade with a one-day horizon as predicting volatility long

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