From time to time we will write a research paper on topics that are relevant or of interest to us.

January 21, 2020

Fitbit or Just a Bit Fit

If Ben Graham, the father of security analysis was alive today, he may just shake his head and let the market participants continue their folly. Or he may just release a new book called “Foolish investment theories I have witnessed” to debunk many of today’s investment orthodoxy.

June 18, 2019

Is your liquid alternate investment correlated, negatively correlated or uncorrelated?

In this shorter than normal paper, we will investigate how well-known Liquid Alternates correlations look over the short, medium and long term. Be forewarned however, it may precipitate some uncomfortable conversations with yourself and/or your clients. Download PDF

April 7, 2019

Hedge Funds Volatility – Friend or Foe

Is your liquid alternate manager warehousing risk? … it will most likely be realised in spectacularly catastrophic manner (think LTCM, MADOFF and AMARANTH)

January 14, 2019

2018 – Yearly Review of the Fund

In one word down; but far from out of character as we gaze around the returns in the global investment universe. The Dalton Street Absolute Return strategy experienced its first down calendar year in the history of the strategy. It is however, still holding the unbroken record on a financial year basis but we’ll have […]

November 13, 2018

Appendix to what’s happening in investment markets?

Volatility has only spiked through the long-term average in the last week 26/10. This does not automatically mean outsized profits for managed futures managers. It is in fact the opposite, vol spikes lose managed futures managers money. It needs to be sustained.

November 12, 2018

What is happening in investment markets?

Commencing February this year, the Dalton Street Capital Absolute Return Fund has experienced tougher than normal conditions with a larger than recent history peak-to-trough drawdown.

Here are a few of our favourite podcasts that we are listening to. We are always interested to learn of any great podcasts too!

Alignment of Interest with Alan Sheen of Dalton Street Capital

Today on Top Traders Unplugged, I continue our conversation with Alan Sheen, talking about how and why he designed Dalton Street Capital’s investment strategy the way he did, and how it has performed compared to the market average over the past three years. Listen in to today’s episode to learn how Alan’s strategies are different […]

The Opportunity of Volatility with Alan Sheen of Dalton Street Capital

Today on Top Traders Unplugged, I’m speaking with Alan Sheen, Founder and CIO of Dalton Street Capital. Alan has an interesting background in science and engineering, and also spent time in the military, which allowed him to later thrive in rules-based investing. He’s also the first Australian manager to be on the podcast. Listen in […]

Top Traders Round Table with Michael Adam, David Harding, and Marty Lueck

We are a big fan of the Top Traders podcast. On this special episode, the guests on this three part podcast series are the early pioneers of Managed Futures – the founders of AHL: Michael Adam who later co-founded Aspect Capital, David Harding also known as founder and CEO of Winton Capital and Marty Lueck also […]

Here are some videos about us to provide some more insight, or that we love.

Top Turtle’s Trading Tips (w/ Jerry Parker)

Jerry was one of the original Turtle traders and was for many years one of the highest earning hedge fund managers in the world.

Hans Rosling’s 200 Countries, 200 Years, 4 Minutes – The Joy of Stats – BBC Four

We love the way Hans shows the power of statistics combined with technology – thanks Hans!