Macro Hive Conversations With Bilal Hafeez cover image

Niels Kaastrup-Larsen and Alan Dunne on How to Make Money From Following the Trend

Macro Hive Conversations With Bilal Hafeez

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Is There a Phase of Underperformance in Trend-Balling Strategies?

The period between 2015 and 2019 or 2020 in particular, there weren't a lot of trends. And so performance was pretty flat for the indices. Some managers still found ways to extract some profits. We have to accept that can be rolling five-year periods where we make no return for our clients.

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