Trend Following With Michael Covel

My guest today is Russell Korgaonkar the Chief Investment Officer of Man AHL. To quote Man (100B+ AUM): Our investment programmes are based on a long-standing philosophy that markets exhibit persistent anomalies, such as price trends, mean reversion, carry or other repeatable patterns, which can be identified through careful statistical analysis. We believe many of these inefficiencies result from behavioural biases, for example risk aversion, anchoring and herding. Our core principles centre on diversification, efficiency and risk control. In addition to our continuous efforts to expand the range of trading strategies, great effort is afforded to researching new markets in order to maximise portfolio diversification. With thousands of trading signals generated each day, we believe it is vitally important to streamline trade execution – including order netting, automating flow, maintaining a breadth of counterparties and backup trading centres which can operate 24 hours per day. Risk management is built into