Revisiting the Ripple Effects of Commodity Disruption
Millburn’s co-CEO Barry Goodman revisits his thoughts on disruption in the commodity markets, including the spillover into other asset classes.
China: Investing in Uncertainty (Part Two)
The following is another excerpt from a paper published by co-CEO Barry Goodman last month about Millburn's experience investing in China.
China: Investing in Uncertainty
The following is the first installment of our newly published paper written by co-CEO Barry Goodman about Millburn's experience investing in China.
Millburn Promotes Dr. Michael Soss to Co-Chief Investment Officer
Millburn Ridgefield Corporation promotes Dr. Michael Soss to co-Chief Investment Officer
Expanding Opportunity Sets in Quant
Barry Goodman shares how the firm has evolved beyond momentum into an innovator in the application of multi-data AI models—and their application to China.
VUCA and The Disruption Vortex
Hear from co-CEO Barry Goodman how 2022 may have ushered in a new era of Volatility, Uncertainty, Complexity and Ambiguity, and how investors may respond.
Irina Bogacheva Joins Millburn as Director of Research
Irina Bogacheva has been hired as the Director of Research, reporting to Michael Soss, deputy CIO.
The Ripple Effects of Commodity Disruption
Millburn’s co-CEO Barry Goodman discusses disruption in the commodity markets, including the spillover into other sectors and how investors may respond.
Millburn’s Renowned Commodity Acumen: The Hedge Fund Journal
An excerpt from a recent story by The Hedge Fund Journal on a new strategy that harnesses disruptive themes in Chinese and global markets.
Millburn Bolsters Investment Team with Deputy Chief Investment Officer Hire
Michael Soss, PhD, joins in new role reporting to Grant Smith, CIO.
Millburn’s process is data-driven, risk managed and adaptive.
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 and 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.