The short history of volatility trading in the CTA space goes something like this: In the beginning, there were simple option selling strategies that sold out of the money calls or puts once a month until something bad happened.
Category: Managed Futures
28
Feb
2017
Don’t Call it a Comeback – Part II
That’s why you invest in a process, not a track record. For now, it’s worth acknowledging and recognizing that drawdowns can end. That investors can be rewarded for investing in drawdowns, and that managers can pivot and improve without abandoning their roots and core beliefs about markets.
27
Feb
2017
Back To Backwardation for Crude?
One quick look at the Crude oil market over the past five years – it’s easy to see the development of a $8-dollar range that’s made it tough for most energy traders (here’s the exception) to find returns. We mentioned in our recent 2017 Outlook that the Oil market is poised for a breakout either […]
21
Feb
2017
The Top 10 Managed Futures Managers of January
As a whole, the Managed Futures sector did not perform well in January’s market environment, but that doesn’t mean there weren’t outliers. If we ignore risk metrics, RCM’s due diligence, and exclusively sort by returns only, these are the Top 10 programs in January. (Disclaimer: past performance is not necessarily indicative of future results. Programs […]
16
Feb
2017
Rickety Rationale for Commodity Investing
More than a few are likely to be confused and/or upset when and if commodity prices go on a tear higher and their absolute return program doesn’t keep pace.
14
Feb
2017
The Rock Stars of the Managed Futures World in 2016
The sector of the brain firing off the most “signals” in 2016 was Volatility Traders. Here’s a preview of our review of that sector:
13
Feb
2017
How Will Trump Affect the Global Macro / Managed Futures World?
Today, we published our 2017 Managed Futures/Global Macro Outlook, and there’s one rather ‘in the news’ figure we couldn’t help but analyze given his penchant for market moving tweets and what not.
Yes, It seems leaders in the industry are thinking Trump could very well, “Make Discretionary Marco Great Again.” The thought process is Managed Futures and Global Macro styles should expect….
08
Feb
2017
If Ed Thorp was a Legend, What’s that Make these guys?
Ed Thorp is a legend in the Hedge Fund / Managed Futures / Global Macro space, but it’s not every day he gets the spotlight in today’s Dow 20,000 meme filled clutter that is financial blogging. That changed recently, however, when one of the bloggers for Ritholtz Wealth Management (Michael Batnick) outlined Thorp’s backstory and […]
07
Feb
2017
The Pulse of the Managed Futures / Global Macro World
Despite no snow fall since Mid-December in Chicago, we witnessed a solid eight of nine days straight with the sun nowhere to be found. In its midst, we set off for the Sunshine State to warm Miami, where MFA and Context Summit took place one right after the other. It seems Florida in February is a great […]
06
Feb
2017
Managed Futures 2016 Strategy Review — Short Term Systematic
By now, everyone has crunched the data for the 2016 returns of Managed Futures. Across the indices that track the asset class show it ending the year in the red. Nothing to induce panic and mass outflows (actually quite the opposite), but nothing to write home about either. But what went on in the Managed Futures […]
