Winton, BlueCrest and Other Big CTAs (Finally) Post Gains
Though many systematic trading programs are still down for the year, most produced gains in October.
Commodity trading advisers, known as CTAs, and trend-following funds finally enjoyed a month to boast about.
The major indexes that track these funds, as well as most of the individual funds themselves, posted a profit for October. As a result, the average fund is moving closer to profitability for the year.