‘Lucking Up’ – until beta fails

Throughout the last decade, barring the most recent COVID-19 sell off, holding equity beta exposure would have been a tremendous strategy. The US equity market delivered a Sharpe ratio of ~1, with most all other asset class benchmarks trailing. At the same time,...
Extracting the news(worthy) from the noise

Extracting the news(worthy) from the noise

Global central banks laboured under increased scrutiny following the Global Financial Crisis (GFC) of 2008. Having embarked on extraordinary monetary policy experiments, it followed that considering shifts in prevailing central bank policy, and extrapolating any...
Extracting the news(worthy) from the noise

On business cycles… and when trend following works

The US just celebrated its longest economic expansion on record, with markets and policy makers anxious about a slowdown in global growth. Given any likely slowdown, investors may want to allocate more to defensive strategies in anticipation of a shift in the economic...
Extracting the news(worthy) from the noise

Packed in like sardines

How crowding in trade flow can adversely affect execution costs Alternative Risk Premium strategies have received investor attention over the past few years and consequentially assets allocated to these strategies have increased. This, in turn, has given rise to a...
Extracting the news(worthy) from the noise

The what, why, and decisively, the how of ESG investing

There is a common line being dragged through financial literature on the ever-increasing importance of ESG investing, to what extent it is primed to alter the investment industry, and how managers and investors should prepare for this ‘mega trend’. The line has become...

Please enter your details below. The ISTrends Fund Fact Sheet will be sent to your nominated email address


* Required
CAPITAL FUND MANAGEMENT LLP (CFM)
The products, information and other material contained on this website are only directed at investment professionals in Australia. Please note that you will be prevented from purchasing or dealing if you are not eligible for products and services offered within this site. Materials contained within this website have been made available for information purposes only. It does not contain any investment recommendations nor provide investment advice. Neither CFM nor its related entities, directors or officers guarantee the performance of, or the the repayment of capital or income invested. Past performance is not necessarily indicative of future performance. Pursuant to ASIC Class Order 03/1099, CFM LLP, the Investment Manager of the Fund, is exempt from the requirement to hold an AFSL under the Corporations Act. CFM LLP is regulated by the UK Financial Conduct Authority ("FCA") under United Kingdom laws which differ from Australian laws. These financial services are provided only to wholesale clients as defined in subsection 761G(7) of the Act. The information on this website has been prepared on this basis and is for the use of wholesale clients only. It is in no way intended for use by retail clients and should not be distributed to or relied upon by a retail client.
TERMS & CONDITIONS
What is a financial services licensee? A person or entity is a financial services licensee if they hold an Australia financial services licence issued pursuant to the Corporations Act 2001
BY CLICKING ON 'I AGREE', I DECLARE I AM A FINANCIAL SERVICES LICENSEE AS DEFINED IN THE CORPORATION ACT 2001.