I just received an email obviously not meant for me. A Senior Vice President in Futures and a Senior Metals Specialist from XXX (very large investment bank) emailed me thinking I was someone else:
“I have clients with XXX Fund (which you manage at XXX), and wonder if you could either give me a call or email me with a comment about the…weakness of the fund. I’d also like to know if you might be planning to implement any changes in risk management strategy to cope with a market that is currently non-friendly to trend-following systems, as well as any thoughts you might have as to when market conditions might turn more favorable towards systematic traders such as XXX. I would really appreciate it if you could address each of these questions.”
Why would an individual who has placed client money with a trend following trader be asking these questions? The clients of this broker are being poorly served to say the least.