When Convexity Cuts Both Ways After two consecutive months of universal gains across the trend-following peer group, March 2026 broke the streak. Every one of the seven benchmarks tracked in the Battle of the Trend Following Indexes finished the month...
A conversation has been circulating in the managed futures community recently, and it deserves closer examination. The argument runs something like this: broad diversification across hundreds of markets delivers diminishing returns, short-term models are a drag on performance, risk controls...
