The CTA / managed-futures sleeve. Most of the platform is long-biased single-name equity — this desk is the opposite archetype: rules-based time-series momentum across 21 liquid ETF proxies in six asset classes (equities, rates, credit, commodities, FX, crypto). It scores risk-adjusted momentum (a t-stat, not a raw return) blended over three horizons, sizes positions inverse to volatility against a 10% portfolio-vol target, and trims stretched or shocked trends rather than chasing them. Trend-following is the classic crisis diversifier — the strategy that historically earns its keep when the long book and even a market-neutral pairs book are correlated and bleeding.