Legacy
As a long-established firm, we draw from our rich history as inspiration to innovate for the future.
1971
Experience
Universe
We provide investors with access to unique opportunities across scores of global markets.
150 +
Markets
Growth
Our continued growth is the result of pairing client needs with actionable market opportunities.
$ 11 + Bn
Assets
The experience and technology to guide us into the future.
Millburn's investment approach combines substantial market knowledge—including understanding gained through decades of live trading across many market cycles and periods of historical stress—with multiple sources of data and powerful technology.
The result is a process that seeks to better explain (and predict) the direction of markets, how to construct portfolios, and how to manage risk.
Data, in context.
Revisiting the Ripple Effects of Commodity Disruption
In early 2022, co-CEO Barry Goodman discussed the possibility of a broad, structural upheaval in global commodities, resulting in a regime characterized by heightened volatility and upward price pressure. Here, he revisits those ideas, seeks to
Revisiting the Ripple Effects of Commodity Disruption
In early 2022, co-CEO Barry Goodman discussed the possibility of a broad, structural upheaval in
China: Investing in Uncertainty (Part Two)
The following is another excerpt from a paper published by co-CEO Barry Goodman last month. While
China: Investing in Uncertainty
The following is the first installment of a paper written by co-CEO and Executive Director of
Millburn Promotes Dr. Michael Soss to Co-Chief Investment Officer
MILLBURN PRESS RELEASE Millburn Ridgefield Corporation (“Millburn”), the multi-billion AuM
A process guided by the past and designed to improve.
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Data-Driven
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Technology-Focused
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Iterative & Adaptive
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Risk Managed
Data-Driven
Millburn's investment process is focused on data and an evidence-driven understanding of market behavior.
Our R&D team focuses primarily on the use of a machine learning framework to evaluate markets using a wide range of features, including price, price-derivative and non-price data, in various combinations.
Our research suggests that this approach offers an informational advantage over more traditional evaluation methods, enabling us to make decisions about the direction, size, and sustainability of price moves. Further, we believe the process can be used to improve trade execution through the incorporation of return forecasting, enabling us to evaluate potential trades, before they are placed, in the context of overall profitability.
Technology-Focused
Technology forms the backbone of our research and investment capabilities and is a key part of our culture.
Through the incorporation of leading-edge data tools, trading systems and networking, our approach benefits from significant ongoing investment in technology.
This focus enables our researchers to create, simulate, implement and monitor our strategies with confidence and speed.
Iterative & Adaptive
Our process is iterative, seeking continuous improvement and refinement.
Because our strategies are systematic in nature, key knowledge resides in our core systems rather than with any particular person, which means our process can make use of our decades of development and live trading experience, now and in the future.
Machine learning models learn autonomously over time as the latest data is incorporated and evaluated, helping strategies keep pace with regime shifts.
Risk Managed
Risk management is in our DNA.
Millburn seeks to manage risk carefully in its investment programs, with the goal of providing superior risk-adjusted returns, and minimizing drawdowns, across a variety of market environments and over a range of time-frames.
We believe strong risk management is effected through ongoing research and monitoring of our investment strategies, but that it fundamentally originates from a mindset of humility and an understanding of the responsibility we have for your invested assets.
Diversifying, responsive, and liquid strategies.
Millburn’s investors range from individuals to some of the largest institutions in the world, but share the goal of incorporating unique, non-correlating strategies to help build robust portfolios.