Thanks for the post. Just wondering why aren't you a fan of CTAs? I've always thought the trend CTAs were good to have in a portfolio, but we might be partially in agreement as I never really thought the rest of the space outside of trend had much value.
Thanks for the post. Just wondering why aren't you a fan of CTAs? I've always thought the trend CTAs were good to have in a portfolio, but we might be partially in agreement as I never really thought the rest of the space outside of trend had much value.
Makes sense. Seems like they just started doing well again in the last three years, but that was after a decade of outflows from poor performance. Hoping that doesn't attract a ton of inflows that leads to overcrowding again.
Thanks for the post. Just wondering why aren't you a fan of CTAs? I've always thought the trend CTAs were good to have in a portfolio, but we might be partially in agreement as I never really thought the rest of the space outside of trend had much value.
Like most strategies, they make sense when small. But their popularity in recent years seemed to mess up their return profile.
Makes sense. Seems like they just started doing well again in the last three years, but that was after a decade of outflows from poor performance. Hoping that doesn't attract a ton of inflows that leads to overcrowding again.