The trends which were distinctly not in favor of the CTAs for most of this year, changed for the better in the past two months. Credit Suisse Managed Futures index rose 2.26% in November and 3.45% in October, a major rise considering that the last time the index generated a positive return over a 30-day period was in April of this year. Same goes for Eurekahedgel; their CTA/Managed Futures Hedge Fund Index was also up 1.22% in November and up 1.9% in October, reducing YTD loss to -0.94%. Trends are now friendlier CTAs, which follow complex algorithms to narrow down market trends,…
CTAs Break Their Losing Streak, Up For Two Months Now
HFA Staff
The post above is drafted by the collaboration of the Hedge Fund Alpha Team.