(Opalesque) Bailey McCann, Opalesque New York for New Managers: While many volatility traders were caught out with directional bets in 2018, one fund managed to stay above the fray and end the year positively. Pearl Capital Advisors Hedged VIX program ended December up +1.00%, net of fees. The program was up +14.85% for 2018, according to performance data obtained by Opalesque.
Pearl Capital Advisors is the independent investment arm of a California-based family office and takes a relative value approach to trading VIX. The strategy takes advantage of mispriced risk, with the goal of monetizing market moves.
