Friday, 28 August 2015
Last updated 14 min ago
Sep 12 2008 | 2:00am ET
Randy Brotman, a Schonfeld Securities Trading Group alumnus, has founded Brotman Capital Management and launched an eponymous market-timing hedge fund during the worst year for hedge funds in over a decade.
The fund, Boca Raton, Fla.-based Brotman Capital Partners, began trading in January and employs a trend-timing model that dictates when it should be long, short or stay in cash. Through August, the fund is up 14%, net of fees.
Even though most market observers are leery of market-timers, Brotman says his results speak for themselves.
“We are very pleased with our performance and we never use margin to enhance our results,” said Brotman.
The fund has a $100,000 minimum investment and charges a 2% management fee and a 20% incentive fee.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…