What Keeps You Up At Night? Legendary Turtle Trader Jerry Parker Responds
August 17, 2024
Jerry Parker, legendary Turtle Trader and Portfolio Manager of the Blueprint Chesapeake Multi-Asset Trend ETF (ticker: TFPN), was interviewed for EisnerAmper’s Alternative Investments Intelligence blog. In the brief Q&A, Parker discusses the merits of trend following, areas where he’s seeing significant opportunities and challenges, and what keeps him up at night.
Below are a couple excerpts from the full Q&A.
Diversification Opportunities in Commodities
Parker: “Commodity markets present intriguing opportunities, and businesses linked to commodities can offer valuable diversification. Additionally, in an environment of high government debt, uncertainty in interest rates, and inflation concerns, commodities can often act as a hedge and a source of non-correlated returns.”
Seeking Non-Correlation to Equities
Parker: “Our return streams are unique and non-correlated to equities. While it’s easier for investors to stay engaged during down or flat equity markets, they may need reminders of the benefits of diversification during sustained bull markets. Highlighting the historical rough patches in equities can reinforce the importance of a diversified portfolio. Moreover, navigating the uncertainty of interest rate directions, inflation pressures, and potentially overvalued stock markets adds to the complexity of managing a trend-following strategy.”
About Blueprint Fund Management
Blueprint Fund Management designs, distributes, and manages systematic, process-driven, and transparent investment strategies for financial advisors and institutions. The firm aims to make trend following strategies highly accessible to advisors by offering and sub-advising investing strategies that are available as a mutual fund or ETF. Across the product offering, the firm applies a rules-based approach to both asset class and time diversification, instilling discipline and removing human bias during emotionally charged market environments.
About Chesapeake Capital Corporation
Chesapeake Capital Corporation is an innovative provider of systematic alternative investment solutions, including a limited partnership, separately managed accounts, and mutual funds. The firm was founded in 1988 by legendary Turtle Trader Jerry Parker, who continues to serve as the Chairman and CEO. The firm’s consistent, single-minded approach to managing client capital is trend following, and its client base includes private and institutional investors worldwide.