Our own Dr. Rufus Rankin joined The Systematic Investor Series Podcast to discuss trend following ETFs, the definition of a truly diversified portfolio, flat-fees versus performance-based fees, and how to choose between managers.
The opportunity cost of diversification or the “Limitation of Or” that we’ve discussed previously, has been avoided by utilizing the “Power of And”: as the portfolio retains its stock and …
Most investors tend to believe that stocks are a good—perhaps even the best—investment in the long run. However, the reason for expecting good performance from stocks is perhaps not always …
The first quarter of 2020 was very difficult for most risky asset classes, and managed futures funds delivered mixed returns while equities drew down more than 20%. The increasing popularity …
The basic Ampersand concept is that a potentially superior diversified investment portfolio can be built by adding an overlay of diversifiers and hedges on top of a core portfolio rather …
The Ampersand overlay consists of two separate parts: a sub-portfolio of diversifying strategies, and a sub-portfolio of equity-hedging strategies. Diversifiers are strategies that have very low correlations to equities, generally …
Ampersand is grounded in Modern Portfolio Theory, which lays out the benefits of portfolio diversification. Ampersand extends the basic principle of diversification by permitting the sum of the portfolio allocations …
Diversification is often said to be the only “free lunch” in investments, and the Ampersand concept illustrates this by showing how it may be possible to earn a potentially higher …
Dr. Dravid explains the potential risks associated with an Ampersand Strategy, provides insight into the dedicated research and portfolio due-diligence that goes into manager selection, and finally the confidence Equinox …
The “overlay” and “total return swap,” what are they, how do they fit within the context of Ampersand?
