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TTU121: Trend Following... from Optional to Essential ft. Nick Baltas

Top Traders Unplugged

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Is There a Capacity Issue?

The CTA, at least whatever Barclay Head is reporting, I think it's about 350, the systematic, and 375 is basically the whole space. The real AUM that does trend following will be bigger than what Barclay Head are tracking. Can we even say how big we think that the kind of trend following community could be without having any impact on markets really? That's a good question. Now, I don't think it's the easiest thing for us to just put out a number. And also, if we take into account the cross-sectional differences between all those cities they're not all doing the same thing, some are much more shorter terms. But I would not suggest

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