4.8 • 670 Ratings
🗓️ 2 November 2024
⏱️ 65 minutes
🧾️ Download transcript
In this week’s episode, Andrew Beer joins Alan Dunne to dive into the evolution of hedge funds, mutual funds, and ETFs within the managed futures space. Andrew give his perspective on the architecture of the CTA industry from the perspective of asset raising and the role that a diverse investor base plays in shaping product offerings within the sector. The conversation explores how liquid alternative investments compare with traditional hedge funds, examining what recent performance trends reveal about each. They also discuss the influence of narrative in CTA selection and analyse the resurgence of portable alpha and the growing interest in return stacking strategies, inspired by a recent Bloomberg article.
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Episode TimeStamps:
01:13 - What has caught our attention recently?
03:30 - Industry performance update
04:48 - Andrew's perspective on the last few months
11:11 - Insights from the Hedge Nordic Event
16:49 - Picking the right managers
19:57 - A Hunger Games mentality
26:53 - Different products for different market segments
33:31 - Are hedge funds better than mutual funds?
43:20 - What we know about the performance of ETFs vs mutual funds
46:33 - Will replicators become more prominent?
53:49 - Tell me what you...
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0:00.0 | You're about to join Neil's Kostrup Larson on a raw and honest journey into the world of systematic investing and learn about the most dependable and consistent yet often overlooked investment strategy. |
0:13.0 | Welcome to the Systematic Investor Series. |
0:30.7 | Welcome back to the latest edition of Top Traders Unplugged, where each week we take the pulse of the markets from the perspective of a rules-based investor. |
0:37.3 | It's Alan Dunn here sitting in for Neals, who's on these travels again. Delighted to be joined by Andrew Beer. Andrew, how are you? I'm great. Thank you. Thanks for having me on. Not at all, no. Delighted to chat. Always |
0:42.8 | interested to hear your perspective. How are you? I think I saw on LinkedIn. You've been |
0:47.2 | a lot of travel of late. Well, actually, well, I was in Copenhagen a month ago and then Stockholm |
0:52.1 | a week ago and then I go back to Copenhagen in |
0:55.8 | a couple of weeks. So not actually I have to stop in Miami next week, but by by by my standards |
1:01.5 | actually hasn't been too bad. I've been trying to stick around home more. Yeah. So you're you're |
1:04.8 | back on home soil with the uh for the election I guess so a lot of excitement around that. |
1:09.8 | Yeah, it's going to be interesting. Something to talk about. |
1:13.8 | Absolutely. Well, we'll get to all of that market moving stuff and this. |
1:18.6 | I mean, we always kick off by Ask Him guests, anything particular on your radar. |
1:23.7 | So what have you been focused on in the last few weeks? That's been interesting. |
1:27.8 | Well, I mean, I think we'll talk about the, you know, the ugly whipsawes that have been going on in the Manor Sutro space. |
1:33.5 | But, no, look, we have the election coming up next week. |
1:36.4 | And I wouldn't say I'm optimistic about it. |
1:39.3 | But I'm not, I'm definitely not, I don't have a sense of hysteria that a lot of other people around me, around me have about it. And I think that, you know, I think whatever happens next week and it's likely to be, you know, unfortunately, I don't think it's going to end on Tuesday. Like, I mean, we could be, we could be talking about the stuff for a year, basically. But, but if you just take a step back, I mean, we are a democracy, |
2:02.6 | right? People are fighting over votes and counting votes. We are not, there are not tanks in the |
2:08.4 | streets. And so when people get hysterical about, you know, the end of democracy, like, |
2:13.6 | I know a lot of people who've gone to serve this country in the military. |
2:23.2 | I don't know a single one of them who, for political reasons, would consider upending the Constitution. |
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