Popular searches

Insights

Research papers

In-depth analyses prepared by senior members of our Quantitative Strategies team.
 
Subscribe

Title Author Date  
Not Just the Weakest Link: A Closer Look at Portfolio Effects between SectorsNot Just the Weakest Link: A Closer Look at Portfolio Effects between Sectors Graham Capital Management Jul 2024 Download
Is the Trend Always your FriendIs the Trend Always your Friend Graham Capital Management Jun 2023 Download
Path Dependency in Execution in Volatile TimesPath Dependency in Execution in Volatile Times Graham Capital Management Mar 2023 Download
Predictably Unpredictable_A Look at AutocorrelationPredictably Unpredictable_A Look at Autocorrelation Graham Capital Management Nov 2022 Download
Timing Trend-FollowingTiming Trend-Following Graham Capital Management Jul 2022 Download
Can You Trend-Follow Trend-FollowingCan You Trend-Follow Trend-Following Graham Capital Management Jul 2022 Download
Is Trend-Following Performance MercurialIs Trend-Following Performance Mercurial Graham Capital Management Jul 2022 Download
Inflation, Commodities and Trend-FollowingInflation, Commodities and Trend-Following Graham Capital Management Jul 2022 Download
Bounding BetaBounding Beta Graham Capital Management Dec 2021 Download
Macro-Economic Drivers of the Bond-Stock CorrelationMacro-Economic Drivers of the Bond-Stock Correlation Graham Capital Management Aug 2021 Download
Execution in Spot FXExecution in Spot FX Graham Capital Management Jun 2021 Download
A Quantum of SolaceA Quantum of Solace Graham Capital Management Jun 2021 Download
Contemplating CorrelationContemplating Correlation Graham Capital Management May 2021 Download
In Search of Negative BetaIn Search of Negative Beta Graham Capital Management Jul 2020 Download
The Winter’s Tail – Protecting Against Equity SelloffsThe Winter’s Tail – Protecting Against Equity Selloffs Graham Capital Management Jun 2020 Download
Trend-Following – What’s Luck Got to do with itTrend-Following – What’s Luck Got to do with it Graham Capital Management Jun 2020 Download
Model Interpretability in Machine LearningModel Interpretability in Machine Learning Graham Capital Management Dec 2019 Download
Trading with an EdgeTrading with an Edge Graham Capital Management Sep 2019 Download
Non Linearity of Portfolio OptimizationNon Linearity of Portfolio Optimization Graham Capital Management May 2019 Download
Equity Risk ContributionEquity Risk Contribution Graham Capital Management Apr 2019 Download
The Speed of TrendThe Speed of Trend Mar 2018 Download
Directional and Cross-Sectional Risk PremiaDirectional and Cross-Sectional Risk Premia Graham Capital Management Oct 2017 Download
Tail Risk HedgingTail Risk Hedging Graham Capital Management Oct 2017 Download
Machine LearningMachine Learning Graham Capital Management Sep 2017 Download
Global Macro Market Diversification & CTA PerformanceGlobal Macro Market Diversification & CTA Performance Graham Capital Management Aug 2017 Download
Market DiversificationMarket Diversification Graham Capital Management Aug 2017 Download
The Trendiness of MarketsThe Trendiness of Markets Graham Capital Management Aug 2017 Download
Transaction CostsTransaction Costs Graham Capital Management Jul 2017 Download
Equity Bond CorrelationEquity Bond Correlation Graham Capital Management May 2017 Download
The Search for Portfolio Diversification and Absolute ReturnsThe Search for Portfolio Diversification and Absolute Returns Graham Capital Management Oct 2016 Download
GCM Systematic Global Macro White PaperGCM Systematic Global Macro White Paper Graham Capital Management May 2013 Download
© 2024. All rights reserved

Subscribe to our Resource Center

Welcome to Graham Capital Management

By entering this website you are agreeing to its Terms of Use.

The risk of loss in trading commodities can be substantial. You should therefore carefully consider whether such trading is suitable for you in light of your financial condition. The high degree of leverage that is often obtainable in commodity trading can work against you as well as for you. The use of leverage can lead to large losses as well as gains.

In some cases, managed commodity accounts are subject to substantial charges for management and advisory fees. It may be necessary for those accounts that are subject to these charges to make substantial trading profits to avoid depletion or exhaustion of their assets. The disclosure document contains a complete description of the principal risk factors and each fee to be charged to your account by the commodity trading advisor (“CTA”). The regulations of the commodity futures trading commission (“CFTC”) require that prospective clients of a CTA receive a disclosure document when they are solicited to enter into an agreement whereby the CTA will direct or guide the client’s commodity interest trading and that certain risk factors be highlighted. This brief statement cannot disclose all of the risks and other significant aspects of the commodity markets. Therefore, eligible investors should carefully study the disclosure document to determine whether such trading is appropriate for you in light of your financial condition. Eligible investors are encouraged to access the disclosure document by contacting Graham, which will be provided  at no additional cost. The CFTC has not passed upon the merits of participating in this trading program nor on the adequacy or accuracy of the disclosure document. Other disclosure statements are required to be provided to you before a commodity account may be opened for you.  By accepting the terms of this statement and entering the site you are confirming your understanding of this statement.

Any “benefit plan investor” (e.g. An IRA or other ERISA investor) investor is hereby deemed to represent to Graham Capital Management (“Graham”) that an independent fiduciary (as defined in the ERISA fiduciary rule) is exercising its independent judgment with regard to such investor’s investment in any Graham managed fund and is aware of and acknowledges and agrees that Graham and its affiliates are relying on the exception set forth in clause (c)(1) of the ERISA fiduciary rule (i.e., the “transactions with independent fiduciaries with financial expertise” exception) with respect to any communications made to the investor or the investor’s fiduciary that are considered recommendations concerning any transaction and such benefit plan investor.

Although the site may include investment-related information, nothing on the site is a recommendation that you purchase, sell or hold any security or other investment, or that you pursue any investment style or strategy.

We do not give any advice or make any representations through the site as to whether any investment is suitable to you or will be profitable.

Nothing on the site is intended to be, and you should not consider anything on the site to be, investment, accounting, tax or legal advice. If you would like investment, accounting, tax or legal advice, you should consult with your own financial advisors, accountants or attorneys regarding your individual circumstances and needs.

The past performance of any investment, investment strategy or investment style is not indicative of future performance.

If you have been provided with a password to access the site you are solely responsible for maintaining the confidentiality and security of your password. You may not disclose your password to any third party. You accept full responsibility for any use of your password. You must notify Graham immediately of any actual or suspected loss, theft or unauthorized use of your password.

We are not obligated to inquire as to the authority or propriety of any use of or action taken under your password. We will not be responsible for any loss to you that arises from such use or action or from your failure to comply with these provisions.

The site, including all content, is provided as is and as available.

We disclaim all representations and warranties, express or implied, of any kind with respect to the site and the content including warranties of merchantability, fitness for a particular purpose and non-infringement of intellectual property and proprietary rights.

Without limiting our general disclaimer, we do not warrant the availability, accuracy, completeness, timeliness, functionality, reliability, sequencing or speed of delivery of the site or the content.