Resilient Strategies: Tailwinds in Left-Tail Scenarios," by President and Chief Investment Officer, Pablo Calderini. Graham Capital Management

Resilient Strategies: Tailwinds in Left-Tail Scenarios

In a rapidly changing financial landscape, understanding how to navigate market tail risk is paramount. In a recent…

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Global Macro Primer

INTRODUCTION In the alternative investment industry, few strategies capture the breadth and complexity of global markets quite like…

16 mins

Market Diversification

ABSTRACT Portfolio diversification is one of the most important and sought-after concepts in investing. A properly diversified portfolio…

7 mins

Diversify and Conquer​: Enhancing Portfolio Returns through Non-Correlated Strategies​

For some investors, it is tempting to construct a portfolio consisting only of high Sharpe, high-performing strategies.  However, focusing…

4 mins

Trend-Following Primer

OVERVIEW OF TREND-FOLLOWING With more than $300 billion in assets under management1, trend-following is one of the largest…

10 mins

Building Portfolio Resilience at the Macro Level

Many investors understand the importance of diversification in building a portfolio that is resilient to various market conditions and able to more consistently meet investment objectives over time. Global macro emerged as a notable winner in 2022 amidst a dispersion in results across various alternative investment styles. Has this opportunity passed? When is the right time to allocate to macro?

14 mins

The Benefits of Non-Correlated Alpha​

In 2022, 60/40 portfolios suffered as both stocks and bonds sold off and the power of bonds as…

9 mins

The Need for Dynamic Diversification

The market environment during 2022 highlighted many uncertainties and the importance of "expecting the unexpected." Here, we show how…

5 mins

The Whole is Greater than the Sum of the Parts​

With thoughtful portfolio construction, investors can potentially achieve significantly better returns at the portfolio level than can be expected…

4 mins

The Trendiness of Markets

ABSTRACT Trend-following strategies seek to profit from sustained directional price moves (trends) in markets. In this analysis, we…

5 mins