Gary Antonacci is a financial expert and author known for his work on momentum investing strategies. He is best recognized for developing the “dual momentum” approach to investing, which combines relative strength and trend-following absolute momentum.
Antonacci has over 40 years of experience in the financial industry and holds a MBA from Harvard Business School. He’s the author of the book “Dual Momentum Investing: An Innovative Strategy for Higher Returns with Lower Risk,” published in 2014, which explains his investment philosophy in detail.
Throughout his career, Antonacci has been a strong advocate for quantitative, rules-based investing approaches. His work has influenced many investors and financial professionals.
In an interview with Benzinga, Antonacci explains his concept of dual momentum, which combines relative strength (comparing performance against peers) and absolute momentum (trend of an asset over time). He prefers applying this strategy to ETFs and stock indices rather than individual stocks. Antonacci also highlights the effectiveness of momentum strategies in fixed-income markets, achieving equity-like returns with lower volatility.
Benzinga Maven Tim Melvin‘s interview with Antonacci delves into various aspects of trend following, including rate of change, market structure and channel breakout methods.
Antonacci describes his recent research on 100 years of trend following in industry groups and introduces his new “SMURF” model, which combines trend following with mean reversion for entries and exits.
He emphasizes the importance of keeping an open mind to different investment approaches, noting that individual investors can use strategies that institutional investors might avoid due to career risk concerns. Gary regularly contributes articles to financial publications and speaks at investment conferences.
Watch Melvin’s interview with Antonacci here:
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