ICMA Centre graduate and senior research fellow publish article in The Moscow Times

Momentum trading is a popular strategy in the commodity futures markets. The idea is simple. Suppose that an investor wants to invest in the first nearby contract of several commodity markets, e.g. crude oil, live cattle and gold. At the end of each month, the trader ranks these assets according to their past return performance, observed over a measurement period of 12 months for example, from the top performing asset to the bottom performing asset. The investor opens a long position in the first nearby of the markets that performed well and a short position in the first nearby of the markets that underperformed. These positions are held throughout the next month. This strategy has performed historically well historically and has attracted the interest of investors.

We are delighted to present KLAUS FRIDORF, the Director of Responsible Investment & Governance at Nordea. Mr Fridorf holds a Master degree in journalism and joined Nordea Invest in 2008, as Head of Communication. Before joining Nordea Mr Fridorf has among other things worked in the Industrialization Fund for Developing Countries in the Danish Foreign Ministry working with Communication and International CSR policy.

Price revisions in the credit default swap (CDS) market are not an accurate measure of default risk, a new study has found.