Reuters – Sweden-based hedge fund Density is to close after a poor performance, its manager told Reuters on Tuesday, as computer-driven funds struggle to cope with markets dominated by central bank money-printing.
Density’s troubles reflect those of high-profile computer-driven (also know as commodity-trading advisor or CTA) funds such as BlueTrend, Man Group’s AHL and Cantab Capital’s CCP fund, which have also suffered losses as central bank actions disrupt the long-running market trends they like to follow.
