Ep. 196: The Abu Dhabi Investment Authority with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Abu Dhabi Investment Authority Is the Largest Trend-Following Trader in the World
Mike Downey: Abu Dhabi Investment Authority is the largest systematic trend-following trader in the world. He says if they only put 10% of their assets at trend- following, that could make them the largest essentially trend-followed trader in the World. But he says there's a reason why some traders' performance records have dropped over the last couple of years.Downey: It just means this small little Arab nation with a ton of money has understood trend-Following trading for a long time.
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