Whether or not Bill Gross is actually short US treasuries in his flagship PIMCO program is up for debate. He said no on CNBC, but one of our favorite bloggers, ZeroHedge, essentially called him out- saying, No, you are short. But whatever side you take on that battle of semantics, Mr. Gross has made no […]
Category: Managed Futures
23
May
2011
17
May
2011
Reasons for the Seasons in Managed Futures
As the weather in Chicago continues to toy with the good folks at Attain (90 degrees and 40 degrees should not fall within the same 7 day span), we thought it might be a good idea to look at how the seasons impact something other than our wardrobes. Turns out, certain periods of the year […]
17
May
2011
Got any good emerging CTAs?
Our newsletter is out, and this week, we’re taking a look at our apparent obsession with “new.” Google the term ‘emerging manager’ and you’ll find a monthly devoted to them, conferences dedicated to them, and firms and programs specializing in them. Paired with a recent article noting how Goldman Sachs has been seeking them out, and a prospective client […]
16
May
2011
Dow Jones Credit Suisse Managed Futures Numbers in for April
The Down Jones Credit Suisse Hedge Fund Index has published their April numbers, and managed futures led the pack. They beat out all other hedge fund strategies in returns for the month, and after making up for a down month in February, are currently in second for YTD returns (although their numbers will likely drop […]
13
May
2011
Perfect Time to Consider Clarke Capital Worldwide
In recent newsletters, we’ve talked a lot about what success means in managed futures. Our conclusion was that success includes drawdowns, with managed futures usually moving in a sort of ‘three steps forward/two steps back’ type of pattern. After all- what goes up must come down some (unless your name is Bernie Madoff). While most […]
13
May
2011
Rydex and Wisdom Tree Managed Futures Products- April 2011
With April numbers in, it’s time to take a look at how managed futures stacked up against Rydex’s Managed Futures Fund and Wisdom Tree’s Managed Futures ETF. We’ve made our grievances with them clear several times over (see here and here), but prefer to let the data speak for itself. [YTD Data starts as of […]
12
May
2011
BarclayHedge Posts Final April CTA Index Numbers
BarclayHedge’s CTA Index numbers for April are in, with managed futures posting gains of 2.40% as an asset class. BarclayHedge’s numbers tend to be a little higher if positive and lower if negative than our first of month estimates (on average), and this month was no exception. The overall performance got a boost from Diversified […]
11
May
2011
What recent margin raises mean for CTAs (hint: nothing)
The CME has kept the hits coming this week, raising margins on Crude Oil this time, after 5 consecutive hikes on Silver the week before that. Whether last week’s commodity sell off and the sell off part two, today; are because of these hikes has been in debate across the airwaves. We’ve written in this […]
10
May
2011
Is bigger better with CTAs?
We’ve discussed how size may impact performance of a CTA in a past newsletter, but were reminded of the puzzling conundrum in a recent article we stumbled across. The post was highly critical of CTAs in general, discussing commodity prices and riding the speculator blame train that we’ve derailed multiple times in this space, but […]
10
May
2011
How much are you paying for your managed futures access?
Our weekly newsletter is up, and we’re looking to help you get more money out of your investments. Fees, fees everywhere… it can be hard for an investor just journeying into managed futures territory to know which ones are necessary, and which ones aren’t- especially with new products claiming to offer exposure to the asset […]
