Caxton Hawk Down 9 Percent YTD; CTAs Have Tough August

CTAs had a rough year, and that is sugar coating the reality. There are very few trend followers in this category who were able to generate net gains over the course of this year. The largest of managed futures traders, or quant funds, have wiped out any gains they netted in the past few months as markets were thrown into a 'taper tantrum'.

Caxton Associates' Caxton . . .


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