Chicago’s high-speed trading industry is so secretive, it’s easy to overlook the worldwide magnet the city has become for the business.
Momentum strategies like trend following and managed futures need at least something happening, seeing their best performance with multiple crisis underway and worst when there are none.
Three tankers holding about 1.35 million barrels of gasoline and alkylate, an octane-boosting component blended with motor fuels, are drifting with no instructions for delivery.
The gap between perception and reality is often a mile wide.
For now, it looks like investors are trying to cash in on the “hot market.” Just as long they can stomach the volatility that goes along with those kind of markets.
Our main issues are: it doesn’t include Managed Futures and the periodic table/quilt doesn’t show the magnitude of the moves all that well
Only rarely — if at all — will the [outcomes] favour the continued employment of a man over a model of a man,” Technology outsmarts the human investor – (FT) When an institution allocates to a momentum strategy in the hope of cushioning itself from stock market downdraughts it is really commissioning someone to […]
Our un-scientific graph of how human’s perceive probabilities versus the actual probability of something happening are as follows:
The study found that only 439 hedge funds employ a female portfolio manager, compared with 9,081 that employ a male investment manager.
As a group, hedge funds now hold a record net long position equivalent to 951 million barrels across the three main Brent and WTI contracts