Forget 60/40 and instead arbitrage for real alpha

Clint Maddock  |  Digital Asset Funds Management  |  18 August 2026  |  0.25 CE

The shift from low inflation and negative stock-bond correlations is structural and has rendered conventional multi-asset diversification inadequate. To achieve financial wellbeing, practitioners must look beyond public markets and directional risk. Market-neutral arbitrage offers a genuinely uncorrelated, high-capacity yield stream that thrives on structural derivative price dislocations and volatility, rather than directional exposure. And in the wide world of securities, few markets offer the breadth and depth of opportunity for arbitrage that the ineffi...

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Food for thought and CE from Portfolio Construction Forum