Hedge funds: Revenge of the CTAs

Once out of favour, futures traders are coming into their own by maintaining solid positive returns in grim markets, argues Neil Wilson.

In association with Hedge Fund Intelligence

Amid all the gloom in recent weeks about the apparent inability of hedge funds to cope with a collapsing world economy, there has been one subset of the industry that has stood out as a beacon – an exception, where returns have continued to be very positive, and of course non-correlated with plunging equity markets. The exception has been those that ply strategies trading in futures markets – collectively known as managed futures traders or as commodity trading advisers (CTAs).

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