SI380: Dispersion Is the Story This Year (Group Conversation Part 1)

In this special two-part episode of the Systematic Investor Series, Niels Kaastrup-Larsen hosts a roundtable discussion with Katy Kaminski, Cem Karsan, and several other experts in systematic investing. The group delves into a variety of topics, including the impact of market selection on trend following, the growth of non-correlated assets, and the dispersion between trend managers in recent years. They also discuss the challenges of classifying different trend-following CTAs, the amount of data needed to evaluate manager performance, and whether design decisions in model creation are ever truly obvious. The panelists share their perspectives on the health of dispersion within the CTA universe and the factors driving demand for non-correlated strategies, providing insights into the current state and future trends of systematic investing.