Episode
Building a Commodity Trader Multi-Strat with Tom Holliday of HIP investment
- Podcast
- The Derivative
- Published
- Nov 20, 2025
- Duration seconds
- 4639
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Summary
In this episode, Jeff Malec sits down with Tom Holliday, founder and CIO of HIP Investments, for an in-depth conversation on reimagining multi-strategy investing in the commodity space. Tom shares insights from his distinguished career, from his early days at Refco to working with George Soros and launching both Titan Advisors and Hip Investments. Together, they explore the evolution from traditional fund-of-funds to collaborative, actively managed multi-strat funds, highlighting the advantages of diversification, portfolio construction, and innovative incentive structures for specialist traders. The discussion covers risk management tactics, the unique challenges and opportunities of commodity markets, and why institutional investors may be under-allocated to this asset class. Whether you're an investment professional or passionate about alternative strategies, this episode offers valuable perspectives on building resilient, high-performing portfolios in today’s changing markets. SEND IT! Chapters: 00:00-00:56= Intro 00:57-12:56 = Commodities Demand Attention: Navigating Trends, Valuation, and the Road Ahead 12:57-28:27 = Foundations of a Commodities Career: From Memphis Markets to Global Futures 28:28-32:15 = From Fund of Funds to Multi-Strat: Evolving Models in Investment Management 32:16-44:37 =Building HIP: Innovating Multi-Strat Strategies for Commodities 44:38-59:27 = Risk, Collaboration, and Incentives: Cultivating a Resilient Commodities Team 59:28-01:13:19 = Seizing Commodity Opportunities: Growth, Recruitment, and Market Evolution 01:13:20-01:17:19 = Commodities: The Case for Attention and Allocation Don't forget to subscribe to The Derivative…