Computer-Driven Programs Reboot in Choppy Market

CTA funds have racked up their best year since 2008, easily beating equity indexes.

It looks like this year’s commodity trading adviser rally is for real, as 2014 is shaping up to be the best year for computer-driven hedge funds since 2008.

Most of these funds, which are the computer-driven siblings of human-driven macro funds, extended their gains in September and are easily beating the equity indexes, underscoring once again that CTAs are not closely correlated with the stock market.

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