In exchange for being one of the only assets up in Q1, would you trade being down in Q2? That’s the position managed futures finds itself in after a 2nd straight month of being the only red on the board. Elsewhere, it was RISK ON across the board – although at much smaller levels than […]
Category: Global Macro
01
Jul
2020
23
Jun
2020
Tiger Woods(ing) your Alts Portfolio
We came across this great post recently on the Breaking the Market Blog comparing Tiger Woods strategy on avoiding errors is just the sort of thing to apply to an investment strategy. Golf is often pretty clear at telegraphing the penalty for misses. Water on one side is more penalizing than the open green to […]
18
Jun
2020
Noodling on Ensembles, Trend, & Convexity with Newfound’s Corey Hoffstein
Our guest today is the Co-founder & CEO of Newfound Research, host of the popular podcast Flirting with Models, and FinTwit “influencer” – Corey Hoffstein. In this episode, we’re talking with Corey about the impact of “data”, the juvenile meaning behind Flirting with Models, 1000s of flavors of trend, hitting the gym, the founding of […]
12
Jun
2020
Allocating to Alts with RPMs Alexander Mende
We’re flipping the script of our usual hedge fund manager and drilling down on the allocation side. Our guest is Alexander Mende, Senior Investment Analyst and Head of Investment Research at RPM Risk and Portfolio Management. In this episode, we’re covering a lot of ground with Alexander including herd immunity in Stockholm, an allocator’s due […]
09
Jun
2020
Move over Nasdaq, FANG+ is here
Everyone who had a betting ticket for U.S. markets back at all-time highs before lockdowns ended – please raise your hand. This was the mother of all White Moose, galloping down the stream right as everyone was screaming about Black Swans and Gray Rhinos. The move off the March 23rd lows has been nearly as […]
05
Jun
2020
Navigating Market Volatility
$VIX lovers/followers/haters/enthusiasts – this one’s for you. In this episode, we’re joined by a powerhouse group of volatility experts consisting of Kevin Davitt, Wayne Himelsein, Jason Buck, and Bastian Bolesta & Jeff Malec discussing Navigating Market Volatility. Providing more than just witty banter, you’ll to these guys talk about how crazy volatility was during March/April, […]
02
Jun
2020
Tail Risk Hedging, Part IV
We’ve been talking about alternative investments that perform in a crisis for as long as we can remember. We typically refer to these as ‘long volatility’ type investments, that prefer and perform in periods of increasing market volatility. But we have also thrown around the terms crisis period performer (as opposed to absolute return performer). […]
15
May
2020
Uncovering the Known Unknowns of the Pandemic
In today’s episode, we have a little different structure and three unique guests to bring a fresh twist on The Derivative podcast. Blu Putnam of the CME Group, Rodrigo Gordillo of ReSolve Asset Management, and Dan Deering of Teza Technologies join us to discuss the economic & strategy impacts of the COVID-19 pandemic. Listening today […]
09
Apr
2020
How’s Managed Futures Doing during the Corona-Crash
We’re going to get into a bit of a deep dive on just how the more classic managed futures profile (you, know, crisis period performing trend follower types) have performed during the past month and a half. We’ve covered some of the non-classic vol traders doing well here and here, but how has the asset […]
02
Apr
2020
So…Now What? Did I miss the Opportunity for Tail Risk Protection?
We’ve been telling anyone who would listen to properly diversify into something that actually does well in a market crash (like, here, and here, and here). Something with dynamic investment strategies that react to paradigm shifts and get on board with them. Things that do well in volatility spikes, but also when the spikes don’t […]
