|
Christopher Foster Bailey McCann, Opalesque New York:
Christopher Foster is known as the architect of sentiment strategy. He is the CEO of Blackheath Fund Management, a managed futures advisory firm (CTA) based in Toronto, and serves as the portfolio manager for their sentiment program. He began developing his strategy during his time with Friedberg Mercantile Group (FMG) where he analyzed crowd behavior and sentiment indicators for making trades.
He was recently interviewed by Sona Blessing for Opalesque Radio.
Blackheath represents one of a small group of funds that utilize sentiment indicators in their strategy. However, the firm’s sole focus on sentiment sets them apart. Typically sentiment indicators are simply additional tools in a broader strategy.
"The way we approach sentiment is the way the best traders and managers approach markets," Foster explains. "Our lack of reliance on fundamentals means our correlation is very low. And we have even lower correlations to big trend followers."
So far, his unique strategy seems to be working. Blackhealth's sentiment program has provided consistent returns despite increasing market volatility. According to Foster, his strategy can stand the test of time.
"We aren't banking on some short run efficiency," he says. "We're banking on hum...................... To view our full article Click here
|
RSS
