SI305: Building A Hedge Fund Allocation ft. Alan Dunne
Top Traders Unplugged
Niels Kaastrup-Larsen
4.8 • 670 Ratings
🗓️ 19 July 2024
⏱️ 63 minutes
🧾️ Download transcript
Summary
Together with Alan Dunne, we take the temperature of the current state of affairs in the U.S. election and how the election impacts the economy and markets. Alan also shares his advice for allocator looking to start a new trend following fund and we discuss how fees are currently the big differentiator in the CTA space, with one manager increasing it's performance fee to 30%. We also discuss the "Dual Mandate of Managed Futures Strategies" and how how different frequencies of skewness affect strategies and delves into the use of "delay" by pure trend managers to smooth returns. We continue our conversation on the topic of Building a Hedge Fund Allocation, diving into the considerations and strategies involved in creating a robust hedge fund portfolio and more.
-----
50 YEARS OF TREND FOLLOWING BOOK AND BEHIND-THE-SCENES VIDEO FOR ACCREDITED INVESTORS - CLICK HERE
-----
Follow Niels on Twitter, LinkedIn, YouTube or via the TTU website.
IT’s TRUE ? – most CIO’s read 50+ books each year – get your FREE copy of the Ultimate Guide to the Best Investment Books ever written here.
And you can get a free copy of my latest book “Ten Reasons to Add Trend Following to Your Portfolio” here.
Learn more about the Trend Barometer here.
Send your questions to [email protected]
And please share this episode with a like-minded friend and leave an honest Rating & Review on iTunes or Spotify so more people can discover the podcast.
Follow Alan on Twitter.
Episode TimeStamps:
01:02 - What has been on our radar recently?
05:38 - How we utilize AI in our own work
09:14 - Price on fossil hit an all time high
09:54 - The FOMO narrative in investing
11:52 - Alan's thoughts on the state of affairs in the U.S. Election
19:50 - An unsustainable path
24:37 - Industry performance update
27:58 - Q1, Ciaran: What are allocators looking for in a new trend following fund?
34:25 - Fees - the big differentiator
38:46 - Key takeaway from the paper "Skew Spectrum"
48:20 - Paper on building a hedge fund allocation
01:00:34 - Thanks for...
Transcript
Click on a timestamp to play from that location
| 0:00.0 | You're about to join Neil's Kostrup Larson on a raw and honest journey into the world of systematic investing |
| 0:07.2 | and learn about the most dependable and consistent yet often overlooked investment strategy. |
| 0:13.2 | Welcome to the Systematic Investor Series. |
| 0:32.9 | Welcome all welcome back to this week's edition of the Systematic Investor Series with Alan Don and I, Neil's Castrum Larsen, where each week we take the pulse of the global market through the lens of a rules-based investor. |
| 0:39.8 | Alan, great to be back with you this week. How are you doing? Very well, Neil. It's great to be back. And how are you doing? |
| 0:46.5 | Doing well. Summer has arrived in Switzerland, finally, after months on weeks of rain. |
| 0:52.3 | That's how it feels, at least. What about Dublin? Are you getting some warm, nice weather now? |
| 0:58.2 | Not really, I'd have to say. You have to be honest and say we haven't hit the full extent of the summer just yet, but we live in hope. |
| 0:59.2 | Hopefully we'll see some sunshine any day now. |
| 1:02.9 | Absolutely. |
| 1:04.0 | We've got a really great line of topics. |
| 1:07.0 | Thanks to you, we have a question that came in that we'll be tackling. |
| 1:10.3 | But before we do so, as always, Alan, I'm always very interested in hearing kind of what's been on your radar for the last few weeks since we last spoke. |
| 1:20.3 | Yeah, a really interesting period in markets and a lot to talk about. But this week in particular, you know, really kind of, we've had a kind of unusual shift, |
| 1:29.9 | rotation, I think, in the markets with some of the high-flying tech stocks coming under pressure, |
| 1:34.7 | but at the same time, investors seems to be rotating out of those sectors and into |
| 1:39.7 | industrials, financials, materials. So trying to figure out what to make of that is certainly an important theme, |
| 1:47.2 | you know, partially related to the Fed, partially related to Trump trade, possibly. |
| 1:51.4 | We'll talk about that as we go through. |
| 1:53.8 | But one piece that I saw recently, which I thought was interesting, |
| 1:57.7 | I don't think this particular piece is driving that what we're seen this week |
| 2:00.8 | necessarily, but it is a cautionary piece in relation to AI and everything AI related. And I know |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Niels Kaastrup-Larsen, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Niels Kaastrup-Larsen and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2025.