Welcome to Asset Class Trading. In this blog, I’ll explore and develop my thoughts on what works in trading, generating alpha and investing in general. I’ve been trading asset classes for the past 20 years for myself personally, and since 2001 as a portfolio manager of an active global tactical asset allocation strategy that specializes in trading asset classes.
Read more about why I’m writing this blog here.
Recent Blog Posts
In any competitive field, the awareness of tells can provide a significant and enduring edge. Most people think of poker when they hear about tells.1 Is a player acting strong to encourage other players to fold? Does a player seem nervous when they throw their chips...read more
Does momentum really work? Can you outperform benchmarks by simply holding top-performing securities? I have my doubts, but I've decided to be open-minded and revisit this idea. A decade or two ago, we used momentum extensively to select equity asset classes and avoid...read more
The massive migration of assets from actively managed equity funds to index funds has attracted a lot of attention lately.1-6 The discussion varies, including worries about the future of active managers, concerns about market efficiency, and claims that active...read more