A Quant Pioneer Fights the Latest Crisis in Trend Following
- Trend strategies work but don’t expect consistent gains: Lueck
- Aspect co-founder sees diversification value in exotic markets
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Martin Lueck has already watched one systematic trading program reach the end of its shelf life when he was building a pioneering quant hedge fund in the 1980s.
Now, the 59-year-old is confronting a fresh existential crisis in the world of Commodity Trading Advisors, who typically make money by riding trends in financial futures.