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Ep 582: Peter Borish Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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The Non-Correlation Aspect of Multi-Strategies

The idea of having these multi-strategies under one roof in years past, you might have had four different funds with these different strategies. The investor only pays if the fund in the aggregate is a new high ground. If manager A is making money and manager B is losing money, then you don't pay anything. We think that the model going forward has to be the investor interest in the firm interest have to be better aligned.

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