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Educational writing on systematic strategies and the discipline of managing risk.

Latest insight

2026-07-31

What Is a Fonds voor Gemene Rekening?

The structure underneath most Dutch funds: what an FGR is, who legally holds the assets, and the 2025 rules deciding whether it is taxed itself or looked through.

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Research library

8 articles

Fund structure

2026-07-31

What Is a Fonds voor Gemene Rekening?

The structure underneath most Dutch funds: what an FGR is, who legally holds the assets, and the 2025 rules deciding whether it is taxed itself or looked through.

Read article →

Fund structure

2026-07-31

High-Water Marks and Performance Fees, Properly Explained

Twenty per cent of the profit is not a complete sentence. What a high-water mark is, why it never falls, and why funds run series so one investor does not pay for another's recovery.

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Fund structure

2026-07-31

Fund Liquidity: Dealing Dates, Notice Periods and the Price You Actually Get

Funds do not let you sell when you decide to. Dealing dates, forward pricing, what a notice period really costs, and what gates and suspensions mean when you want your money.

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Markets

2026-07-14

Digital Assets in a Systematic Portfolio

Markets that never close, volatility that rewrites the rulebook: what digital assets demand from a systematic approach.

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Markets

2026-07-14

Equity Indices in a Systematic Portfolio

An index is not a stock and not a currency: what makes equity indices their own asset class for rule-based trading.

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Fund structure

2026-07-13

Systematic Trading Explained: Rules vs. Discretion

No gut feeling, no hero trades: how rule-based strategies work, where their edge comes from, and why backtests deserve skepticism.

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Risk

2026-07-13

Understanding Drawdown: The Metric That Matters Most

Returns get the headlines; drawdown decides whether you survive to collect them. The one metric every investor should understand deeply.

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Markets

2026-07-13

Gold and FX: Trading Metals in a Systematic Portfolio

Metals are not just another currency pair: how gold behaves differently from FX, and what that means for rule-based trading.

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market intel
09:07tether-backed orionx to shut down after audit flags $7m custody gapCointelegraph04:15israeli military says it strikes southern lebanon after hezbollah launched drones - reutersReuters23:09us, iranian forces fire at vessels in waters near iran - reutersReuters22:29us ambassador visits palestinian town amid rise in west bank settler violence - reutersReuters18:05why crypto experts say buying and holding bitcoin easily beats trying to time the marketCoinDesk17:44americans hit with record-high labor day weekend gasoline prices - reutersReuters16:43dollar-backed stablecoins can push local currencies lower, bank of korea study findsCoinDesk16:19fuel tanker explosion after traffic accident kills 10 in western iran, state media says - reutersReuters15:30i'm a nutritionist from japan: 7 'essential' anti-inflammatory foods that i swear byCNBC14:16us military strikes three iranian crude oil carriers, central command says - reutersReuters13:00icons dolly parton and gloria steinem never officially retired—why that's a choice for some and requirement for othersCNBC12:42podcast: kharg island, openai agents, germany's election and the return of cds - reutersReuters12:00british investor thought he lost $2,000 in bitcoin in 2012. he just recovered $4.5 millionCoinDesk11:11us ambassador to israel says there is no plan to force palestinians out of gaza - reutersReuters10:44poland upholds crypto bill veto as zondacrypto scandal widensCointelegraph08:51nvidia partner hon hai’s sales climb 52% with ai server momentumBloomberg08:03bitcoin etf inflows hit $3.8b in strongest three-week stretch of 2026Cointelegraph05:30xrp ledger has fewer active accounts than last year, but bigger trades and more valueCoinDesk05:00southeast asia’s crypto funding rebounds to $680 million as investors focus on mature firmsCoinDesk21:52us probes iran wedding strike that analysis shows was likely direct hit by us munition - reutersReuters

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