Managed futures, which are often referred to as CTAs are quantitative, evidence-based hedge fund strategies that seek to generate returns by investing in trends across a broad range of asset classes including rates, currencies, equities, bonds and commodities using futures. They are also often referred to as trend following strategies,... Show More
well done Livewire - an insightful event with both interesting and divergent views - great to hear the views from experienced fundies who are in the market each day versus the so called 'media experts'!
well done Metage! It is unacceptable for LICs to trade at such discounts - the problem is that managers like AMP focus on their fees and not on what is best for the LICs shareholders (preferring to reward their own shareholders). It shows that AMP is more concerned with short term revenue maximisation versus building goodwill with its LIC shareholder base that would allow it to raise more capital in time, but who would support them now? You can count my shares in for a vote to roll the management team - the underlying performance has been very poor in any event.