Adding exotic commodities extends CTA diversification beyond macro
Research from Graham Capital demonstrates that expanding a CTA universe beyond ~70-80 core markets adds incremental long-term performance only when adding exotic commodities, whereas less-liquid macro markets offer diminishing returns.
Sign in to read the full idea
The argument, what validates it, the risks discussed and hearing it from the source are for signed-in members. Free accounts read 3 ideas in full a day — no card required.