SI421: Taking CTAs Mainstream ft. Andrew Beer

How reliable is 60/40 when stocks and bonds fall together? Andrew Beer joins Niels Kaastrup-Larsen to question the return forecasts and diversification assumptions behind traditional asset allocation. They explore how a systematic, non-emotional approach to tactical investing can help portfolios adapt as markets change. The conversation also sets out how to grow the CTA/managed futures pie by explaining the strategy’s value in language investors understand. They discuss why diversification across managers and realistic expectations for uneven returns matter for building investor confidence and encouraging lasting allocations.-----50 YEARS OF TREND FOLLOWING BOOK AND BEHIND-THE-SCENES VIDEO FOR ACCREDITED INVESTORS - CLICK HERE-----Follow Niels on Twitter, LinkedIn, YouTube or via the TTU website.IT’s TRUE ? – most CIO’s read 50+ books each year – get your FREE copy of the Ultimate Guide to the Best Investment Books ever written&nbsp;here.And you can get a free copy of my latest book “Ten Reasons to Add Trend Following to Your Portfolio” here.Learn more about the Trend Barometer here.Send your questions to&nbsp;info@toptradersunplugged.comAnd please share this episode with a like-minded friend and leave an honest Rating &amp; Review on&nbsp;iTunes&nbsp;or Spotify so more people can discover the podcast.Follow Andrew on Twitter.Episode TimeStamps: 00:00 - Why portfolios may need a more tactical approach01:04 - AI, entrepreneurship and the changing world of work08:07 - Complex systems and why the future is so difficult to predict09:47 - Trend following performance and what is driving returns13:59 - Why the traditional 60/40 portfolio is being questioned16:20 - The problem with long-term asset allocation assumptions22:41 - Diversification, market timing and the historical advantage of bonds27:01 - What 27 years of managed futures data tells us31:51 - Crisis alpha across the dot-com crash, GFC and 202236:08 - Correlation, alpha and the diversification case for CTAs38:12 - Drawdowns and why tactical strategies can preserve capital44:55 - Sharpe ratios and the problem of lumpy returns50:39 - Why choosing the right managed futures manager is so difficult54:57 - How managed futures can finally grow the pie01:05:04 - Why the industry needs to stop getting lost in the technical details01:08:14 - The danger of betting everything on one manager01:13:02 - Why timing managed futures can make a good strategy look badCopyright © 2025 – CMC AG – All Rights Reserved----PLUS: Whenever you're ready... here are 3 ways I can help you in your investment Journey:1. eBooks that cover key topics that you need to know about In my eBooks, I put together some key discoveries and things I have learnt during the more than 3 decades I have worked in the Trend Following industry, which I hope you will find useful. <a href="https://www.toptradersunplugged.com/resources/