Abbey Capital (US) LLC is a wholly owned subsidiary of Abbey Capital. So you can have a period of underperformance. Its probably not a true Irish beer. The Sharpe might not be anything, you know, off the charts. George Ralph, RFA. And so, you know, I think I think its definitely part of the part of the scale part of what we should do, I would say, Ill give Ill give our top traders unplugged allocator series, a plug here, that said, recently, I was talking to Chris shelling recently, from venturi Weldon, he was making that point as an allocator. So thats the macro side. And I forget the third one, right, but all came out of that dorm room and Oxford. All right. And he was just saying, its just repetition. forwardthinking investors. Yeah, I mean, literally hundreds, you know, a lot would depend on if you go to a couple of conferences like context, eye connections, MFA, those types of events, you could, you could definitely do, you know, 5060 manager meetings over a couple of days. Find contacts by bulk company domains. And then lets go for it. Mick Swift Ep. 1084: Alan Dunne Interview with Michael Covel on Trend Following I think I think there are things that are obvious, you know, reasons for reassessing, you know, III believe that thats one thing. Whats the holiday like over there in Ireland. So that includes everything from, you know, obviously, my own, you know, wouldnt dissuade anybody putting 100k into trend following or macro. And you could just say, this is why this happened. And, you know, I was reading and the Stephen Schwarzman Blackstones book, and he was talking about how they name their, their firm, and I think his partner was married marriage to the lady who came up, but Sesame Street, you know, and she was saying, Dont worry about the name, because, you know, we started this program, Sesame Street, it was never even a street called Sesame Street. Alan Dunne - Luxembourg Alan Dunne Director . You didnt catch any of this bull market in equities. Right. All Rights Reserved. I mean, not not just I use the term liquid alternatives with some people and its funny, from my mind, its just that the strategies themselves are I think, from a US perspective, liquid oil automatically means mutual funds. - Listen to Ep. So theres multiple dimensions to how you describe whats going on in the trend following portfolio and where that where the returns come from. <p>Happy St. Patrick's Day! So thats going to be a challenge at some point, you know, they have to think about the timing of that. And so thats why I think theres definitely a strong marriage to be able to see, you know, 10 years plus of data, its not always the case, certainly five years is a good, a good benchmark to have, but but more my philosophy would be more data is better for sure. The regulations of the CFTC require that prospective clients of a managed futures program (CTA) receive a disclosure document when they are solicited to enter into an agreement whereby the CTA will direct or guide the clients commodity interest trading and that certain risk factors be highlighted. So yeah, I dont know, its kind of think, you know, my own experience, I witness both sides of it, some some good people, managers who werent necessarily, you know, strong, you know, theres really strong investment backgrounds, and that did work well. One of the most respected pitching minds in college baseball, Alan Dunn, joined the Arkansas State baseball program as its next pitching coach, Head Coach Tommy Raffo announced August 24, 2021. Alan Dunne, Abbey Capital . Ep. 1084: Alan Dunne Interview with Michael Covel on Trend Following Radio And actually, you know, some of the some of the best trades, you know, weve been talking about commodities. About: Born: 23 August 1982 Dublin , Republic of Ireland. Management Team - Abbey Capital ), and investors should take care to understand that any index performance is for the constituents of that index only, and does not represent the entire universe of possible investments within that asset class. But equally farmland, I think is interesting. The 2015 Collegiate Baseball National Pitching Coach of the Year, Dunn joined the Red Wolves after a . So and. And in manager selection, theres a tendency to say, you know, to start and to see good performance, and to justify it and generate a narrative around the good performance, rather than see performance and say, well, lets assume that just due to chance, and try and disprove that hypothesis, that its due to chance, you know, if you take that mindset, youre going to be a lot more skeptical of the narrative and a lot more questioning of, well, does this manager really have a skill relative to other managers? He has played an integral role in developing the processes and systems that shape Abbeys investment approach. Right? Managed futures accounts can subject to substantial charges for management and advisory fees. I actually, you know, if I looked at my window here, Id be able to see the Aviva Stadium where, where they play the rugby. And what timeframe, you know, is it short term, medium term, long term trends, youre going to capture how you how you deal with volatility as weve been talking about, do you kind of target volatility or not how you risk manage how you risk managing a drawdown? I mean, if youre using managed accounts, its not necessarily the case. Any offer, solicitation or subscription for interests in any of the funds managed by Abbey Capital shall be pursuant to the prospectus or offering memorandum of the relevant fund and no reliance shall be placed on the information above. So you know, you have to get get certainty that what youre looking at, in terms of the of the, of the return series is going to be on a like, for like basis. But also, you know, being cognizant of the fact that what you tend to see in this space is pretty large dispersion and performance. View Alan Dunne's business profile as Director at Capnua Corporate Finance. investors of every size. His installation and the accompanying Risograph prints he created during his Residency at Facebook's Analog Lab, Dublin are based on lettering guidebooks . Ep. 1084: Alan Dunne Interview with Michael Covel on Trend F that moment. And I think thats definitely what were seeing at the moment, obviously, you know, weve got, you know, I suppose to move in oil is, you know, its not like we havent seen something like that before. Capnua Corporate Finance. Right now view it kind of the investors viewed as a But the managers view it as a feature. Is that a, just a brush off? hbspt.cta.load(7754154, '82925c26-2263-4125-b2a9-d29240a114a7', {"useNewLoader":"true","region":"na1"}); Longterm diversification for And real assets, like that are going to stand up over the next the next decade or so. In the current club Bromley played 4 seasons, during this time he played 77 matches and scored 0 goals . Or is it you know, how much of the return attribution you get? Its less attractive or too much money in the space. And thats obviously changed now. The information contained herein is not intended to and shall not in any way constitute an invitation to invest in any of the funds managed by Abbey Capital. Thats all you got? Right. So from a macro perspective, it was very slow and steady, not a lot going on in the world. Guys? Yeah. Oh, yeah, maybe thats a good one. And that was at least somewhat linked to the European Central Bank, monetary policy. Abbey Capital is a private company limited by shares incorporated in Ireland (registration number: 327102). Yeah. I mean, weve got that will be the final round the St. Patricks Day weekend. No, but well get into that in a minute of, maybe you put a portfolio of them together to solve some of it. Alan Dunne's email & phone | Abbey Capital Limited's Managing Director Some people will, will want something maybe for more from an income perspective. Definitely. So do you do you view the profile more as a long options, convex payout type profile or a momentum? Alan James Dunne (born 23 August 1982) is a former Irish professional footballer who played as a right back. And well dig into how all that works. No, we didnt see it to the same extent back then for whatever reason. He runs the business from our headquarters in Dublin. Derek leads Abbey Capitals technology group and is responsible for all aspects of the development, operation and management of our systems and infrastructure. Great, Jeff. for. I like. Ive been off the base on Twitter. Yeah, I think the emerging managers are difficult, you know, it is, it is difficult, because sometimes, you know, manager has been in a larger shop, or they might have been you traded at a bank, or whatever it is, and either transitioning into a slightly different environment, and maybe they traded a portion of a book elsewhere. And in rough terms, I mean, it probably be a little bit more than that. And that would be, you know, to carry a flag. Alan Dunn named new Arkansas State pitching coach - KAIT Some of it is but not but even within like strategies, youll still get the dispersion. up for you. Coming up to dinner time. then didnt they clap back to say no, now we are going back to? So it is it is a good reminder that all of these things come in cycles. Previously, he was a co-founder of Allied Irish Capital Management (AICM) in conjunction with Allied Irish Banks. Allan Dunne - Managing Member - Front Porch Capital | LinkedIn The performance data for various Commodity Trading Advisor (CTA) and Commodity Pools are compiled from various sources, including Barclay Hedge, RCMs own estimates of performance based on account managed by advisors on its books, and reports directly from the advisors. Wichita, Kansas Area. So what happens with a REIT with a repricing event, you know, it ripples across many markets, so so there is a trend following elements and that you can capture, but its not just that its the risk management as well. Abbey Capital Limited | 2,627 followers on LinkedIn. And it can be a bit frustrating. The owner of this blog, RCM Alternatives, may receive various forms of compensation from certain investment managers highlighted and/or mentioned within the blog, including but not limited to retaining: a portion of trade commissions, a portion of the fees charged to investors by the investment managers, a portion of the fees for operating a fund for the investment managers via affiliate Attain Portfolio Advisors, or via direct payment for marketing services. So good to meet you. Investor interested in investing in any of the programs on this website are urged to carefully read these disclosure documents, including, but not limited to the performance information, before investing in any such programs. And then, of course, whats the next trend to happen? And theres no right there. So its all about trying to build portfolios that, you know, deliver that overall uncorrelated return profile relative to traditional assets. Any mention of funds within this site encompasses both privately offered fund and separately managed account investments. What do you call it on top traders unplugged? For over 20 years, weve developed our processes, systems and team to focus on analysing and selecting managed futures CTAs. Its amazing, like, was it just yesterday? And then more assets better for sure, too, because every emerging guy hates to hear the, oh, wed love to allocate you, but we cant be more than 10%. So part of my motivation for doing it was, you know, looking at the world, I felt, you know, us in the manager space, were always saying, oh, yeah, look, its good. So that can have a nice feature that can be appealing to investors in the sense that youre, you know, youre taking profit as the market is rallying in, you know, as volatility goes up. Don't forget to Follow our Podcast Series! Its talking to CIOs and allocators, so thats interesting. Listen to our Series More about this channel. Alan Dunn Please use the search above if you cannot find the record you require. What are some of the things you need to make sure you do when youre meeting with a group like that? Happy St. Patrick's Day! And then looking at opportunities under discretionary side, whether its more commodity focus or more traditional macro, so I do think and, you know, it probably hasnt been involved for a while but it sounds like investors are warming to this too much greater said obviously a lot of flows have gone into the into the large muddy straits and thats a slightly different approach. Obviously, weve had COVID so that precipitated a deep recession and a big recovery. Another narrative was you had the growth of high frequency traders, and they were they were too nimble. And even, you know, even two to three years is relatively short period of time to evaluate a pleasure. Peter oversees all operations globally and helps to set the strategic direction of the business as part of the Executive Management team. Equally, you can have something, you know, positive, thats outside of your expectations. Well, its true, its a classic scenario, you know, the guy whos good at trading miss, wont necessarily be a good trading manager are the same, same from an investment perspective, or a research perspective. managed futures did well, stocks were down, bonds were up) is based on RCMs direct experience in those asset classes, estimates of performance of dozens of CTAs followed by RCM, and averaging of various indices designed to track said asset classes. Whenever it was to choose the morning, I think and you know, so those, those those have been cancelled there. And so, you know, that its not just a matter of looking at, you know, whove been there whove been the best performing managers for the last number of years, or who the blue chip names, theres just theres not theres not as much value in that. And now weve got a, a war between Russia and Ukraine. Fax: +353 1 828 0499 Email. And, you know, and its like, if you look at the periods of where trend following has done well, historically, be it, you know, 2008, or even 2014, early 2015, you know, youll see months, you know, for your typical trend for where theyre up maybe eight 10%, two or three months, and you think, okay, that now would be the time to take profits. So its I think, I think meaning a lot of managers. So its probably not the case that this is going to be the first. Its. Past Performance is Not Necessarily Indicative of Future Results. He is also a co-host of the Top Traders Unplugged podcast. Weve seen crazy moves, we, you know, we had negative oil prices just a couple of years ago, we had oil ratcheting up $247 in 2008, only two to reverse very quickly. I havent seen that. And just because we havent seen something in the markets for a number of years, it doesnt mean it can come back. No, no, no Green Berets. I love it. So you got 10k? If if its, you know, depending on how it plays out. And thats thats the whole point of trend following that it is uncomfortable. And then it Sorry, I keep coming back to liquid so youre talking you say its mutual funds and ETFs on the USN? And not not everybody is the most, you know, socially adapted presenting and all of that. Read More Contact Alan Dunne's Phone Number and Email Last Update 8/3/2022 12:39 AM Email a***@aggreko.com Engage via Email Contact Number (281) ***-**** Engage via Phone Mobile Number (***) ***-**** Engage via Mobile HQ Phone +44 1412255900 Company Here we are, and were Were seeing them. Peter is also COO, overseeing all operations globally and helping to set the strategic direction of the business as part of the Executive Management team. The luck of the Irish is on our side as we celebrate today's episode with Dubliner Alan Dunne, CEO and Founder of Archive Capital, a boutique multi-asset and investment research firm focused on global macro and managed futures strategies. So I think its doing the basics is an important, important part of it. So often, people will construct a narrative based on something that seems you know, seems appealing, and a narrative at the time was, well, theres a number of narratives. So thats been really interesting. And, you know, the philosophy there is obviously multi manager, you know, for, partially for what Ive been talking about, like you have, you have the broad category of macro and manage your strategy. Alan has worked in the financial markets and investment management industry for over 25 years at hedge funds and large . Yeah, I was speaking to a manager yesterday, actually, who, you know, pretty, pretty peeved about the situation. its like it just had a smaller opportunity set. But you know, the rugby is pretty exciting, too. Thats, yeah, its Yeah, yeah. Alternative investment manager specialising in managed futures, multi-manager portfolios located in Dublin and New York | Abbey Capital Limited ("Abbey Capital") is an Irish alternative investment manager which specialises in managing multi-manager portfolios in managed futures. Or is that real? Its always hard to quantify how much of that weve had. Yeah. Now. And you know, it the reality is, its never one one or two simple things that are behind the the performance of, of the markets. Alan has many family members and associates who include Alan Dunne is Managing Director at Abbey Capital Ltd. View Alan Dunne's professional profile on Relationship Science, the database of decision makers. Its got too crowded. And, you know, a lot of his focus is on leadership and building teams are speaking to Elizabeth Burton at Hawaii. Head of Sales/Marketing, Operations and Finance as well as Chief Visionary at startup commercial real estate . So Niels Castro Larson invited me on, you know, sort of this year, Ive done a couple with him. One was theres too much money and trend following a seconder, as it was, maybe markets had changed, markets had got faster and trend followers were too slow to react. Yeah, its archive capital.ie. 212 Systematic Investor Series ft. Alan Dunne - October 1st, 2022 Play this Episode. And, and maybe theres something interesting in, in the whole systematic macro space. Yeah. Being exposed to light. Yeah. Yes. Before joining Abbey, Peter qualified as a chartered accountant with KPMG and gained hedge fund industry experience in both Dublin and the Cayman Islands. And then hes invited me to do this allocator series, Im speaking to CIOs and other allocators. All right. Visitation will be from 1:00 to 2:00 pm on Thursday at the church. It is an impossible question, I suppose. We build funds for leading investors of every size from family offices and high-net-worth individuals to global banks and institutions. Alan Dunne - Director - Capnua Corporate Finance | Business Profile But but talking to people that seem to have been more interested in the discretionary macro space this year, and I guess that makes sense in an environment where you get something very different. I wasnt aware of that one? So lets jump right in and talk about the crazy volatility and commodity markets past few weeks. Log In New User. If youre not, it wont matter. And, you know, people making parallels with the 10 crisis before, which I hadnt been as familiar with, but But you know, I think, yeah, its one thats going to be a difficult one to manage. Whats in a name? But, ya know, its interesting. And, yeah, I think if, you know, Im obviously based in Dublin, here, looking across Europe, in particular, if theres a lot of money invested in kind of asset allocation models, multi asset models, and really, a lot of these strategies are very underrepresented in a lot of portfolios. Youre saying this just doesnt seem feasible. Isa is a Research Analyst responsible for portfolio-focused research in addition to ongoing fundamental research and development. Sandra is responsible for ensuring Abbeys clients continually receive the highest level of service, leading our global Client Services team from Dublin. Also, esc to close modal. Thats right. View the profiles of professionals named "Alan Dunne" on LinkedIn. So. We found 100+ records for Alan Dunne in MA, FL and 11 other states. So, so its the whole spectrum. Alan Dunne currently lives in Lakewood, CO; in the past Alan has also lived in Denver CO. We know that Alan's political affiliation is currently a registered Democrat; ethnicity is Caucasian; and religious views are listed as Christian. I think thats interesting. Yeah, so I spent just just shy of 10 years with Abby capital, which is a specialist allocator in the Managed futures, space, and great firm really enjoyed working with with the team there. And so I think, I think it is definitely an interesting environment for discretionary. So, you know, so yes, some managers do, obviously managers do volatility scale and effectively take profits as, as the market rally in a rising violent environment. So, you know, you couldnt say its nothing that weve never seen before. Alan Dunne, Managing Director at Abbey Capital Ltd. - Relationship Science Yeah. Prior to founding Archive Capital, he was Managing Director and a member of the investment committee at Abbey Capital. The deliberate speed? So I mean, basically, what that means is that you have to be able to find managers that are, you know, even better than the ones youve got in your portfolio. So all of the strategies that are trading in the futures and FX markets, and theres lots of ways that of harvesting returns, and you know, in those markets, whether its trend following, and that can be short term, medium term, long term, theres short term, systematic relative value trading, discretionary, macro, quant, macro, specialist, FX specialist commodity trading. So there was a lot of people saying, you know, trend following, it doesnt work anymore. So were having a discussion about the manager not to have some kind of bias, influencing your opinion about them. So someone else yeah, we played a key reason the Aussies in the Springboks. And so I think emerging managers are more difficult, obviously, smaller managers, you know, more nimble, less capacity constrained so that they can access certain opportunities that that larger managers may not be able to access, certainly interesting from that perspective, but you are taking a different type of risk there. And in terms of the pattern of performance, that there could be a reason for, for reviewing the manager. 1-2 Cavendish Row You remember, 2018, we had a volatility expansion volume again, and was in February of that year, but it was choppy markets that werent in markets, that sustained directional move. When he said that. 26:02-40:37= Abbey Capital: Dispersion in the Trend Space & David Harding 40:38-54:47= CTA Due . Barry manages new and existing client relationships across North America, educating the US market on managed futures and growing awareness of Abbeys funds.