SI401: Why Trend Following Wins in Chaos ft. Nick Baltas

About this episode

Nick Baltas joins Moritz Seibert to discuss the evolution of systematic investing and the current state of trend following in 2026.

The world of systematic investing is evolving fast, and in this episode Nick Baltas joins Moritz Seibert to explore the explosive growth of QIS strategies, the current state of trend following in 2026, and the challenges facing systematic investors in today’s macro environment. They discuss crowding risks in quantitative strategies, the recent collapse in commodity curve carry, and why some trend managers continue to outperform through broader diversification and alternative markets. The conversation also dives into execution alpha, AI driven research workflows, inflation risks, and the ongoing institutional demand for systematic macro strategies. A sharp and highly practical discussion for anyone interested in trend following, QIS, commodities, and quantitative investing. ----- 50 YEARS OF TREND FOLLOWING BOOK AND BEHIND-THE-SCENES VIDEO FOR ACCREDITED INVESTORS - CLICK HERE ----- Follow Niels on Twitter , LinkedIn , YouTube or via the TTU website . IT’s TRUE ? – most CIO’s read 50+ books each year – get your FREE copy of the Ultimate Guide to the Best Investment Books ever written  here . And you can get a free copy of my latest book “ Ten Reasons to Add Trend Following to…

People in this episode

Host: Niels Kaastrup-Larsen

Guest: Nick Baltas

Topics covered

• systematic investing
• trend following
• QIS strategies
• macro environment
• quantitative investing
• commodities

Keywords

• trend following
• systematic investing
• QIS strategies
• quantitative strategies
• commodities
• execution alpha
• AI research
• inflation risks

Mentioned in this episode

Organizations: Top Traders Unplugged

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