Managed futures, as represented by the BarclayHedge CTA Index, have gone through a tough period. So tough, in fact that some pundits have labeled the asset class, which is made up primarily of trend-following approaches, as “dead”, or no longer viable in this economy. I have a
Read more →It has been a tough year for managed futures. So bad, in fact, that the rolling 12-month Sharpe Ratio for the BarclayHedge CTA index hit a historic low. Some investors may be considering abandoning their managed futures position in favor of something performing better, but a closer
Read more →In the fall of 1970 I was fresh out of college. Because I had worked as a “runner”, carrying orders from the phone clerks to the brokers in the “pits”, I had developed enough connections to get a job as a commodity broker. I was thrilled when
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