Let the Good Trends Roll

Louis JordanManaged Futures managers might as well be singing Louis Jordan’s 1940’s original “Let the Good (Trends) Roll,” after the first month of 2015 came to a close. Forgive us for our artistic interpretation of the famous song, we just thought it captured the current environment.

Now, any trend follower will tell you there is no such thing as a “bad” trend, just the lack of consistent trends. That hasn’t been an issue over the past couple of months. Despite what Bloomberg might have you believe, Crude Oil and the other energies are continuing on their downward tear, foreign currencies keeping moving lower (U.S. Dollar moving higher), and managed futures managers  strategies continue to ride the trend.

But it wasn’t business as usual though in January, there was a big shock and awe when the Switzerland National Bank decided to depeg itself from the Euro with almost no warning. This move was the equivalent of the Dow Jones Industrial Average moving 4,300 points in a matter of an hour. As you might imagine, there were some that were on the wrong side of this trade, including some trend followers. But because of strict risk management and trading strategies it was more of a “this sucks” situation for trend followers, rather than a catastrophic event for others.

Meanwhile, not all trends stayed the same in the January, as metals began an uptrend, while in the soft markets, some programs we track were able to capitalize off of downtrends in Cocoa and Sugar.

Put that all together, and the 4 Managed Futures Indices we track posted an average performance of 3.55% {Disclaimer: Past performance is not necessarily indicative of future results}. For our full analysis on what’s to come for Managed Futures, check out our Managed Futures 2014 Review & 2015 Outlook report.

New Picture(Disclaimer: Past performance is not necessarily indicative of future results)
(BarclayHedge reporting 57.83% of funds, numbers subject to change)

P.S. –Some of Attain’s Family of Alternative Funds outperformed the indices themselves. To get monthly performance and research updates on the family of funds, sign up here.

 

 

One comment

  1. Great Job! Talent at work

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Disclaimer
The performance data displayed herein is compiled from various sources, including BarclayHedge, and reports directly from the advisors. These performance figures should not be relied on independent of the individual advisor's disclosure document, which has important information regarding the method of calculation used, whether or not the performance includes proprietary results, and other important footnotes on the advisor's track record.

Benchmark index performance is for the constituents of that index only, and does not represent the entire universe of possible investments within that asset class. And further, that there can be limitations and biases to indices such as survivorship, self reporting, and instant history.

Managed futures accounts can subject to substantial charges for management and advisory fees. The numbers within this website include all such fees, but it may be necessary for those accounts that are subject to these charges to make substantial trading profits in the future to avoid depletion or exhaustion of their assets.

Investors interested in investing with a managed futures program (excepting those programs which are offered exclusively to qualified eligible persons as that term is defined by CFTC regulation 4.7) will be required to receive and sign off on a disclosure document in compliance with certain CFT rules The disclosure documents contains a complete description of the principal risk factors and each fee to be charged to your account by the CTA, as well as the composite performance of accounts under the CTA's management over at least the most recent five years. Investor interested in investing in any of the programs on this website are urged to carefully read these disclosure documents, including, but not limited to the performance information, before investing in any such programs.

Those investors who are qualified eligible persons as that term is defined by CFTC regulation 4.7 and interested in investing in a program exempt from having to provide a disclosure document and considered by the regulations to be sophisticated enough to understand the risks and be able to interpret the accuracy and completeness of any performance information on their own.

RCM receives a portion of the commodity brokerage commissions you pay in connection with your futures trading and/or a portion of the interest income (if any) earned on an account's assets. The listed manager may also pay RCM a portion of the fees they receive from accounts introduced to them by RCM.

See the full terms of use and risk disclaimer here.

Disclaimer
The performance data displayed herein is compiled from various sources, including BarclayHedge, and reports directly from the advisors. These performance figures should not be relied on independent of the individual advisor's disclosure document, which has important information regarding the method of calculation used, whether or not the performance includes proprietary results, and other important footnotes on the advisor's track record.

Benchmark index performance is for the constituents of that index only, and does not represent the entire universe of possible investments within that asset class. And further, that there can be limitations and biases to indices such as survivorship, self reporting, and instant history.

Managed futures accounts can subject to substantial charges for management and advisory fees. The numbers within this website include all such fees, but it may be necessary for those accounts that are subject to these charges to make substantial trading profits in the future to avoid depletion or exhaustion of their assets.

Investors interested in investing with a managed futures program (excepting those programs which are offered exclusively to qualified eligible persons as that term is defined by CFTC regulation 4.7) will be required to receive and sign off on a disclosure document in compliance with certain CFT rules The disclosure documents contains a complete description of the principal risk factors and each fee to be charged to your account by the CTA, as well as the composite performance of accounts under the CTA's management over at least the most recent five years. Investor interested in investing in any of the programs on this website are urged to carefully read these disclosure documents, including, but not limited to the performance information, before investing in any such programs.

Those investors who are qualified eligible persons as that term is defined by CFTC regulation 4.7 and interested in investing in a program exempt from having to provide a disclosure document and considered by the regulations to be sophisticated enough to understand the risks and be able to interpret the accuracy and completeness of any performance information on their own.

RCM receives a portion of the commodity brokerage commissions you pay in connection with your futures trading and/or a portion of the interest income (if any) earned on an account's assets. The listed manager may also pay RCM a portion of the fees they receive from accounts introduced to them by RCM.

See the full terms of use and risk disclaimer here.