Dear all,
This is an interesting article, pls take a look if you have time.
Both Renaissance Technologies Medallion Fund (30 years history) and Bluecrest Capital (10 years history) has a Max Drawdown (MDD) of around 6% since inception which translates into a MAR ratio of about 10 times. These two are definitely outliners and both unavailable for public subscription.
Meanwhile, no other hedge funds/mutual funds that I known of has a MAR above 1 in the long run. That includes all the P123 Designer Models when I last checked.
Regards
James