SI265: Deep Dive Into Non-Trend Complementary Strategies ft. Nick Baltas

Nick Baltas is back this week to talk about the use of non-trend strategies in diversified managed futures portfolios. What is the rationale for the existence of a carry risk premia? How durable are the returns? What are some of the key thing things to keep in mind implementing a carry strategy? These are some of the questions we discuss as we deep dive into the use of carry alongside trend following. We also discuss reversion strategies and how skewness plays a part in their construction. And we discuss how all of these strategies may relate to the fact that the investment world may now be in the midst of what Howard Marks calls a Sea Change, driven by higher bond yields.-----EXCEPTIONAL RESOURCE: Find Out How to Build a Safer & Better Performing Portfolio using this FREE NEW Portfolio Builder Tool-----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 “The Many Flavors of Trend Following” here.Learn more about the Trend Barometer here.Send your questions to info@toptradersunplugged.comAnd 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.Follow Nick on Twitter.Episode TimeStamps:00:48 - What has caught our attention in markets?04:08 - Construction portfolios with non-trend complimentary strategies09:59 - What is driving non-trend strategies like carry?17:28 - Adding carry to trend22:52 - How to use utility functions25:08 - Defining the variables28:09 - Advice for implementing a carry strategy36:22 - Nick's perspective on reversion strategies40:21 - Moving beyond single stocks47:48 - Skewness in commodities54:30 - How climate change impacts investment strategiesCopyright © 2023 – CMC AG – All Rights Reserved----PLUS: Whenever you're ready......