TTU19: How to Take the Emotions out of Investment Decisions ft. Roman Lutz of Future Value Capital – 1of2

Can you implement well established hedge fund strategies in a systematic way?

Future Value Capital has been researching this for years, before they started trading. They are unique because of how they simplify and automate complex Risk Premia.

But we aren’t the best at explaining their systems. Roman Lutz, the Chief Financial Officer of Future Value Capital will explain it all in this interview.

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50 YEARS OF TREND FOLLOWING BOOK AND BEHIND-THE-SCENES VIDEO FOR ACCREDITED INVESTORS - CLICK HERE

In This Episode, You’ll Learn:

• About Merger Arbitrage and How investors can Profit
• What criteria they look for in mergers, such as Market Cap, Deal Size, Liquidity etc.
• What currency markets Future Value Capital enters
• The app. 15 strategies they use and how many sub strategies they may have
• The origin stories of where the Future Value Capital strategy derived from.
• Understanding the typical way to build a derivative business
• Why the average correlation of a hedge fund with equities has shifted from 0.6 to 0.9 from the 1990’s to today.
• How Scottish Whiskey tasting can kickstart long term business relationships
• Addressing the “Black Box” label that many systematic programs has
• What environment Future Value Capital’s systems are best suited to operate within
• The business structure of Future Venture Capital and the alliance with Trium Capital
• About the post Madoff and additional regulatory environment investors are operating in
• How Roman Lutz developed the shared business management and split the overhead cost with other emerging fund managers
• The negative side effects of sharing hedge fund management business practices with other firms
• A ballpark figure for the cost of being part of the Trium Manager Alliance and get the services required to be able to operate as a regulated and well run firm
• How Roman and partners develop new plans in regards to where the economy is going and how to develop plans to manage funds going forward
• How merger arbitrage and volatility arbitrage connect implied and realized volatility
• How to buy realized volatility
• When to deploy and when not to deploy the realized volatility trades (when volatility starts to trend)
• Main categories from a strategy point of view – Trend Following for example
• How Future Value Capital uses trend following

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Resources & Links Mentioned in this Episode:

Listen to the past episode with Marty Bergen from Dunn Capital mentioned in regards to the higher correlation between traditional alternative investment space and the traditional assets.

Lars Jaeger owner of Alternative Beta Partners – Wrote extensively about the lack of alpha to people hunting it. 4x more assets are looking for alpha than alpha is available in the market.

Listen to our previous guest Karsten Schroeder from Amplitude Capital on the value of systematic trading vs. discretionary

Learn more about the determining implied market volatility with VIX

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 Your Portfolio” here.

Learn more about the Trend Barometer here.

Send your questions to info@toptradersunplugged.com

And please share this episode with a like-minded friend and leave an honest Rating & Review on iTunes or Spotify so more people can discover the podcast.

Follow Roman Lutz on Linkedin.

Copyright © 2025 – CMC AG – All Rights Reserved

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