By Mark H. Melin
A provocative and insightful examine utilizing controlled futures to diversify funding portfolios
Financial advisors have lengthy neglected controlled futures. but, some time past thirty years, controlled futures have considerably outperformed conventional inventory and bond investments. In High-Performance controlled Futures: the hot option to variety Your Portfolio, writer Mark H. Melin advises traders to question the widely held trust of shares and bonds, purchase and carry. the 1st publication of its sort, Melin advances a Nobel Prize profitable funding process that’s been up-to-date for today’s international to explain how controlled futures can be utilized to layout portfolios autonomous of the ups and downs of the inventory industry. The book:
• information a brand new course for handling investments that’s now not solely depending on the economic climate at large
• Describes significant asset diversification, whereas exposing Wall highway myths at the subject
Many of today’s investor’s are betrayed by way of both non permanent considering or the now outmoded purchase and carry making an investment philosophy. High-Performance controlled Futures information tips on how to boost a inventory marketplace impartial funding portfolio designed for achievement within the long-term.
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Additional resources for High-Performance Managed Futures: The New Way to Diversify Your Portfolio
Sample text
At first it was also difficult understanding the unique CTA strategies. They worked with Nobel Prize winner William Sharpe, who built a computer model to understand all the equity strategies that their various fund investments employed. With a 93 percent accuracy rate, the computer could decipher the strategies many of the mutual funds were using just by feeding in the stock holdings. However, when the managed futures investment positions were fed into the computer it had no idea how to interpret these rather odd positions, underscoring the complication of the strategies underneath the surface of this asset class.
Examples of identifying this risk are outlined later in the book. Investors who wish to target conservative managed futures programs because they can’t stomach up-and-down volatility to varying degrees just might not want to invest in this asset class. Drawdowns and volatility are a fact of life in managed futures, often the price required for the potential for better-than-average performance.
09 percent. ” These statements are illuminating for several reasons. First, and most obviously, it shows that some, but not all, in financial services are resistant to change and closed to new paradigms for diversification. Second, and most interesting, it potentially points to a future where two camps exist. The first camp of financial professionals and investors is open to new concepts for uncorrelated asset diversification. The second camp will resist change at all costs, finding fault with everything, regardless of the facts or situation.