<description>&lt;p&gt;Lots of asset classes promise uncorrelated returns, but few deliver.&lt;/p&gt; &lt;p&gt;One that does is managed futures. Sure, they are expensive and spikey, but when all correlations go to 1 &amp;ndash; meaning everything is trading in lockstep, as we saw during the GFC and Covid &amp;ndash; they seem to be the rare diversifier that works.&lt;/p&gt; &lt;p&gt;Andrew Beer is a hedge fund veteran and founder of Dynamic Beta Investments, a firm focused on hedge-fund replication strategies delivered through low-cost, liquid vehicles like ETFs and mutual funds. His ETF, DBi Managed Futures Strategy (DBMF) attempts to replicate pricier managed futures portfolios&lt;br&gt;&lt;br&gt;Each week, &amp;ldquo;At the Money&amp;rdquo; discusses an important topic in money management. From portfolio construction to taxes and cutting down on fees, join Barry Ritholtz to learn the best ways to put your money to work.&lt;/p&gt;&lt;p&gt;See &lt;a href="https://omnystudio.com/listener"&gt;omnystudio.com/listener&lt;/a&gt; for privacy information.&lt;/p&gt;</description>

Masters in Business

Bloomberg

At The Money: Diversifying with Managed Futures ETFs

FEB 26, 202620 MIN
Masters in Business

At The Money: Diversifying with Managed Futures ETFs

FEB 26, 202620 MIN

Description

Lots of asset classes promise uncorrelated returns, but few deliver. One that does is managed futures. Sure, they are expensive and spikey, but when all correlations go to 1 – meaning everything is trading in lockstep, as we saw during the GFC and Covid – they seem to be the rare diversifier that works. Andrew Beer is a hedge fund veteran and founder of Dynamic Beta Investments, a firm focused on hedge-fund replication strategies delivered through low-cost, liquid vehicles like ETFs and mutual funds. His ETF, DBi Managed Futures Strategy (DBMF) attempts to replicate pricier managed futures portfoliosEach week, “At the Money” discusses an important topic in money management. From portfolio construction to taxes and cutting down on fees, join Barry Ritholtz to learn the best ways to put your money to work.See omnystudio.com/listener for privacy information.