Our Managing Director & Partner, Jeff Malec, recently shared his perspective on “What Allocators Look For in Evolving Managers” at an industry event, which led one audience member to say you should put that up in a blog. Voila.. Here you go: The Evolution of Portfolio Construction Gone are the days of the one-size-fits-all alternative […]
Category: Alternative Investments
10
Dec
2024
05
Jan
2023
Mutual Fund Performance: December 2022
The weather outside was frightful for some of the US markets in December. As risks of recession loomed, equities and bond prices fell in tandem (again). Volatility increased modestly providing a meager meal long volatility strategies. A milder European winter (so far) helped energy prices mostly decline through the month, especially natural gas. The USD […]
30
Nov
2022
Here’s Why the FTX debacle wouldn’t happen in the Heavily Regulated Futures World
You know how the old saying goes…where there’s smoke, there’s fire: 1) Hey all: I have a few announcements to make. Things have come full circle, and https://t.co/DWPOotRHcX‘s first, and last, investors are the same: we have come to an agreement on a strategic transaction with Binance for https://t.co/DWPOotRHcX (pending DD etc.). — SBF (@SBF_FTX) […]
07
Nov
2022
Asset Class Scoreboard: October 2022
U.S. Stocks gave a comeback last month after being down its’ previous two months rising to the top of the list. While in September we saw nearly all assets in the red, October bounced back for most assets while equities continue to fall. Although we didn’t see a dramatic climb for Managed futures, it’s still […]
06
Oct
2022
Hats off to Ray Dalio… but here’s a few funds outperforming Pure Alpha
Ray Dalio dominated the hedge fund headlines recently saying he, the founder of the world’s largest hedge fund, is stepping back from leadership in favor of three CIOs. Dalio is rightly famous for his success by multiple measurements. We’ve paid attention to his All Weather portfolio and written about their funds in the past here and here, mainly […]
04
Oct
2022
Asset Class Scoreboard: September 2022
And for its next trick – managed futures will try and make money without the help of commodities. That mantra was seemingly playing out in September and throughout the 3rd quarter as managed futures shrugged off reversals lower in commodity markets and continued to post positive gains thanks to an incredible up trend in the […]
02
Aug
2022
Asset Class Scoreboard: July 2022
There it was…the old dead cat bounce as investors suddenly decided maybe things are so bad the Fed will not just stop raising rates, but eventually cut rates – and started buying hand over fist in reaction. And what a bounce it was for US Stocks and Real estate, which both threatened double-digit single-month returns […]
05
Jul
2022
Asset Class Scoreboard: June 2022
It’s a bird, it’s a plane… no, it’s managed futures, clocking in with gains once again this year as other assets get hammered down. It won’t always be like this… it hasn’t been like this for a while. But it’s here now. What’s more, managed futures did it this month without the commodity headwind, relying […]
14
Jun
2022
May Mutual Fund Performance
May felt like a maelstrom in the moment but produced forgetful market activity. Equities continued their fall from grace, yet volatility remained muted which created a difficult environment for some VOL strategies. US bonds spent most of the month in a relief rally only to produce flat returns. Commodities were a mixed bag with grains […]
06
Jun
2022
Asset Class Scoreboard: May 2022
Wait a second… Managed Futures can go down? Stocks and Bonds can go up? May showed us it is never quite that easy for asset classes to continue printing positive month after positive month (or negative after negative month) into infinity. Trends do end. Reversals do happen. Value buyers come in. Profit takers take profits. […]
