Tactical Strategies
Tactical Strategies encompass several distinct strategies including global macro, CTA, FX, commodities and volatility-trading programs. The common theme is their source of diversification and their potential to generate returns which are uncorrelated to mainstream equity and fixed income investments.
Hedge Fund Strategies
Hedge Fund Strategies on the platform encompass several distinct liquid strategies including Long/Short Equity and Volatility strategies.
Array Of Tactical Strategies
SYSTEMATIC TREND STRATEGIES
Systematic Macro/Trend programs trade based on an objective and automated set of rules designed to avoid human emotional biases that influence discretionary trading decisions. Such mechanical approaches assume that some trades will not be successful, but the trader accepts these setbacks in the hopes that the system will generally be able to capture major trends.
MULTI-STRATEGY
Multiple strategy programs are programs that can encompass any or all of the other programs listed on this page.
QUANT MACRO STRATEGIES
Quant macro strategies rely on quantitative models that draw on macro-economic factors - including supply and demand, global asset flows, and global geopolitical factors - to predict price movements in various markets, predominantly the global equity, fixed income, and FX markets.
OPTIONS / VOLATILITY STRATEGIES
Options and volatility trading methods exploit movements in another dimension other than price – volatility. Managers in this sector achieve this through trading either options contracts and spreads position to capitalize on certain types of movement in both volatility and price, or futures contracts on implied volatility.
SHORT TERM
Short term trading strategies are strategies in which positions are only held for a period ranging from within a single day to two weeks. Generally, short-term trading can consist of counter-trend / mean reversion techniques or trend following techniques.
CURRENCY STRATEGIES
Foreign exchange (or “FX”) managers seek to capitalize on the constant fluctuation of exchange rates between currencies. Such programs can trade established currencies such as US dollar and euro, or emerging currencies such as the Mexican peso or South African rand. This category encompasses multiple styles of trading foreign exchange, including a fundamental macro approach, a technical approach, or a carry trade based approach.
FUNDAMENTAL COMMODITIES STRATEGIES
These strategies are generally trade from a discretionary standpoint based on market fundamentals, where the manager analyzes the underlying economic factors of a market based on the experience of the manager and his/her research team. Such strategies specialize in particular sectors or markets. For example, a fundamental agricultural trader may take a position in wheat based on acreage planted, rainfall, and other supply vs. demand factors.
GLOBAL MACRO STRATEGIES
Global macro managers employ macro-economic factors - including supply and demand, global asset flows, and global geopolitical factors - to predict price movements in various markets, predominantly the global equity, fixed income, and FX markets. For example, an investor may capitalize on a country’s recession by short selling a country’s bond or stock market using futures or derivatives contracts.
Array Of Tactical Strategies
SYSTEMATIC TREND STRATEGIES
Systematic Macro/Trend programs trade based on an objective and automated set of rules designed to avoid human emotional biases that influence discretionary trading decisions. Such mechanical approaches assume that some trades will not be successful, but the trader accepts these setbacks in the hopes that the system will generally be able to capture major trends.
MULTI-STRATEGY
Multiple strategy programs are programs that can encompass any or all of the other programs listed on this page.
QUANT MACRO STRATEGIES
Quant macro strategies rely on quantitative models that draw on macro-economic factors - including supply and demand, global asset flows, and global geopolitical factors - to predict price movements in various markets, predominantly the global equity, fixed income, and FX markets.
OPTIONS / VOLATILITY STRATEGIES
Options and volatility trading methods exploit movements in another dimension other than price – volatility. Managers in this sector achieve this through trading either options or spread positions to capitalize on certain types of movement in both volatility and price, or futures contracts on implied volatility.
SHORT TERM
Short term trading strategies are strategies in which positions are only held for a period ranging from within a single day to two weeks. Generally, short-term trading can consist of counter-trend / mean reversion techniques or trend following techniques.
CURRENCY STRATEGIES
Foreign exchange (or “FX”) managers seek to capitalize on the constant fluctuation of exchange rates between currencies. Such programs can trade established currencies such as US dollar and euro, or emerging currencies such as the Mexican peso or South African rand. This category encompasses multiple styles of trading foreign exchange, including a fundamental macro approach, a technical approach, or a carry trade based approach.
FUNDAMENTAL COMMODITIES STRATEGIES
These strategies generally trade from a discretionary standpoint based on market fundamentals, where the manager analyzes the underlying economic factors of a market based on the experience of the manager and his/her research team. Such strategies specialize in particular sectors or markets. For example, a fundamental agricultural trader may take a position in wheat based on acreage planted, rainfall, and other supply vs. demand factors.
GLOBAL MACRO STRATEGIES
Global macro managers employ macro-economic factors - including supply and demand, global asset flows, and global geopolitical factors - to predict price movements in various markets, predominantly the global equity, fixed income, and FX markets. For example, an investor may capitalize on a country’s recession by short selling a country’s bond or stock market using futures or derivatives contracts.
Current Hydra Managers
Clients are able to access vital data including Manager performance reports and quantitative analysis through our client portal. Qualitative analysis is also available on our carefully vetted managers. For more detailed information on these managers, register with Hydra.
| Program Name | Program Type | Brief Description |
|---|---|---|
| Carmika Partners - Carmika Alpha Hedging Strategy | Options/Volatility | Volatility arbitrage with a tail-risk hedge |
| La Financiere Constance Inc - Aleph One Program | Options/Volatility | Systematic, relative value, market neutral strategy primarily in the U.S. volatility markets |
| Manifold Partners - Manifold Global Portfolios Program - Composite Class | Global Equity | Machine-learning, L/S Global Equity Market-Neutral. |
| Manifold Partners - Manifold Global Portfolios Program - US Class | Systematic Trend Following | Machine-learning, U.S. Equity Market Neutral. |
| Program Name | Program Type | Brief Description |
|---|---|---|
| ADG Capital Management - Systematic Macro Program | Quant Macro | Model-driven quantitative macro in diversified markets. |
| Aquantum GmbH - ACS Energies Program | Fundamental Commodities | Systematic relative value strategy in energy markets |
| Aquantum GmbH - Commodity Spread Program | Fundamental Commodities | Systematic relative value strategy in commodities. |
| Claughton Capital - Auto Reactive Positioning Program | Systematic Trend Following | Probability-based systematic, with Trend Following sub-strategy. |
| Eckhardt Trading Company - Evolution Strategies | Quant Macro | Diversified systematic trend capture, with non-trend sub-strategies. |
| EMC Capital Advisors - Alpha Plus Program | Systematic Trend Following | Diversified systematic Multi-Strategy |
| EMC Capital Advisors - Classic Program | Systematic Trend Following | Diversified systematic Trend Following strategy. |
| Episteme Capital Partners - Episteme Systematic Quest (ESQ) | Global Macro | Systematic, Global-Macro Strategy Incorporating Economic Fundamentals |
| FORT LP - Contrarian Program | Systematic Trend Following | Diversified systematic Medium-Term trend, using unique Bayesian entry and exit points. |
| Gamma Q - Commodity Program | Fundamental Commodities | Opportunistic fundamental discretionary agriculture and livestock trading strategy. |
| HTAA, LLC (Hull Tactical Asset Allocation) - Tactical Program | Multi-Strategy | Systematic, tactical positioning in the SP500. |
| Hydra SP-012 (Transtrend) - Enhanced Diversified Trend Program | Systematic Trend Following | Fully systematic Medium-Term Trend Following across highly diversified markets. |
| Katonah Capital Partners - Laplace Global Multi-Asset Systematic Futures Program | Quant Macro | Machine learning process based on both fundamental and technical factors. |
| LCJ Investments - FX Macro Program | FX | A program expressing macroeconomic views through FX, mostly options positions. |
| Metori Capital Management - Epsilon Global Trend | Systematic Trend Following | Scientific approach with distinctive focus on correlation dynamics for prediction and risk allocation |
| Pan Capital - Pan Capital Energy | Fundamental Commodities | Fundamental, U.S. Natural Gas Trading Strategy |
| Portfolio Concept Vermoegensmanagement - Global Systematic Program | Short-Term | Systematic Short-Term trend, pattern recognition and countertrend models. |
| QIM (Quantitative Investment Management) - Global Program | Short-Term | Diversified, multi-model Short-Term pattern recognition and statistically significant trading models. |
| Quantica Capital Management - Managed Futures Program | Systematic Trend Following | Diversified systematic Trend Following with unique trend ranking methodology. |
| Revolution Capital Management - Alpha Program | Short-Term | Short-Term systematic pattern recognition trading across diversified markets. |
| Rosetta Capital Management - Rosetta Trading Program | Fundamental Commodities | Discretionary fundamental and technical livestock and agriculture strategy. |
| Rotella Capital Management - Systematic Global Macro | Global Macro | Long-Only, Tactical Strategy Using Artificial Intelligence |
| ROW Asset Management - Diversified Program | Multi-Strategy | Systematic quantitative multi-strategy Global Macro in diversified markets. |
| Sandpiper Asset Management - Global Macro Program | Multi-Strategy | Opportunistic systematic and discretionary macro Trend Following strategy. |
| SCT Capital Management - AQT Program | Short-Term | Diversified systematic Short-Term machine learning strategy. |
| Shepherd Energy AB - Energy Program (Euro Class) | Fundamental Commodities | Fundamental discretionary Nordic power portfolio primarily impacted by weather and hydrology |
| Tiber Capital Management - Diversified Program | Short-Term | Diversified systematic Short-Term multi-strategy program. |
| Program Name | Program Type | Brief Description |
|---|---|---|
| Commodity Asset Management - Futures Only Program | Fundamental Commodities | Fundamenal, discretionary approch focused only on industrial commodities |
| Mistell Management LP - Global Macro Program | Global Macro | Discretionary global macro trading approach focused on the largest, most-liquid markets |
| NuWave Investment Management - Short-Term Futures Program | Short-Term | Systematic Intraday and Short-Term momentum trading in diversified markets. |
| Pearl Capital Advisors - Pearl Hedged VIX | Options/Volatility | Tactical VIX Hedged Across Related Markets |
| True Alpha Technology Asset Management - PMC Managed Futures Program | Systematic Trend Following | Diversified systematic Intraday and Short-Term trading strategy. |
Please contact us if you don’t see a manager that you hoped to see.
Register with Hydra for more detailed information on these managers,