Mixed Fortunes for Winton, BlueCrest, Man Group in 2013
A tough year for trend followers led to losses in many funds. But a few high-profile firms notched gains despite the difficult environment.
Commodity trading advisers and trend followers posted their first profitable year in 2013 after two straight years in the red — at least, based on the composite indexes.
However, among the individual high-profile funds, results were mixed, with several well-known funds posting sizable losses in 2013.