The popular hedge Fund Manager Kenneth Graham Tropin who is also known as Ken Tropin in the finance world is widely known for his ‘Trend Following’ strategies. He founded Graham Capital Management L.P in 1994 and since then acting as the Chairman of Graham Capital Management (GCM).

Ken Tropin is the foremost entity at GCM who is involved in trading capital investment and overall management of the firm. He has also been responsible for the development of numerous core trading programs.

Ken Tropin has more than 30 years of overall experience in the world of finance with more than 25 years of trading and managing experience at Graham Capital Management. He is also known for his vast experience and expertise at ‘Managed Futures’.

Personal Life and Education

Ken Tropin was born in New York City on August 17, 1953. His parents were Leonard and Ruth Tropin. He married Kathleen Tropin on August 6, 1986, and they have two children namely Kelly Tropin and Nicholas Tropin. He also likes skiing and expert in playing golf and tennis.

Ken Tropin completed his graduation in Bachelor of Arts from the Goddard College (Plainfield, Vermont) in 1974.

Career in Finance

Four years after achieving his Bachelor degree, Ken Tropin started his career in finance in 1980. He worked at Shearson in New York City as a financial consultant. Shearson is a retail banking company with its headquarters in New York. Ken spent almost all his work life in New York City.

 After two years of working at Shearson, Ken moved on to the next job of working at Dean Witter Reynolds as the vice president. He also acted as the director of Precious Metals and Managed Futures. Dean Witter Reynolds is a stock brokerage and securities firm which specializes in trading for the retail clients.

During his time at Dean Witter Reynolds, Ken Tropin served as the President at Demeter Management Corp. in 1984. He also served as the Chairman of the Managed Futures Trade Association from 1986 to 1991 where he managed the proprietary trading programs.

After working at Dean Witter Reynolds for seven years, Ken Tropin joined John W. Henry & Company, Inc. in 1989.  John W. Henry & Company is another stock brokerage company that serves retail clients. Ken Tropin became the chief executive officer and a director president of John W. Henry & Company, Inc in 1989.

During his time at JWH, he oversaw the administration and overall management of the firm. He was also responsible for trading activities management. Ken Tropin also acted as the President and Chief Executive Officer John W. Henry Investment Advisory Services Inc.

Graham Capital Management, L. P

Ken Tropin founded Graham Capital Management, L. P in 1994 but he earned more than 12 years of experience in the alternative investment industry before its foundation. He has been acting as the Chairman of the film for over twenty-three years. The firm provides services in alternative investment management with a major focus on quantitative hedge fund and global macro discretionary strategies.Along with handling the Chairmanship, Tropin also serves as the chairman of the management and investment committees and is the senior member of the risk and compliance committees.

Achievements

Ken Tropin served as the chairman of the Managed Funds Association and included in the Hall of Fame of Managed Futures in 2005. His contributions to the establishment and growth of managed futures had earned him the lifetime achievement award by CME Group and BarclayHedge at the Managed Futures Pinnacle Awards in 2012.

Investment Philosophy

In 2009, at the Greenwich Roundtable, Ken Tropin expressed his thoughts on ‘Trend Following’.  According to Ken Tropin, The trend following trader can earn great benefits in an easy manner if he earns expertise in timing the system due to the lack of subjectivity. There are various systems traders but most of the long term system traders usually wait for the market to reach the new highest price and then make an entry and always get the feeling of making a wrong trade even after a lot of experience in the industry. 

“For a fact, the system traders are not the primary market opportunities. Almost 3/4 of the CTA’s asses are in trend following systems. These systems are longer with trades lasting for 2, 3, 4 months. These trades always carry the potential to perform better in a sideways market.” – Ken Tropin