Do Trend Following Still Work?

i don't see any benefit for investors to er invest in a flat fee product, because there's no incentive for the manager to do well. We know thatthe volatility has been compressed over the last few years,. not just in equities, where we have seen it very clearly. Er, but in many other markets, if you look at volatility in commodities, in fixed income, it's really been going down for for a long time now.

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