Investment International – Hedge funds run by sophisticated computer programmes are profiting from large falls in stock markets and a rocketing gold price this month, even as funds managed by human beings struggle to cope with high market volatility, it is claimed.
Insiders say so called managed futures funds, which try to latch onto market trends, are making money from declining bond yields and falling equities, as investors seek safe havens amid the eurozone debt crisis and after the US’s credit rating downgrade.
