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Ep. 347: Kathryn Kaminski Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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The Counterintuitive Issue in the CTA Space

When there's our big performing months in the CTA, Managed Futures, Trend Following Space, managers that might have high correlation don't necessarily always have correlated results right at that very opportune time. What happens is you have a strategy space where most of the strategies are very diversified. When you have such diversified strategies, we try to explain that, therefore, the correlation will be high between the strategies on average a lot of the times.

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