Long-Suffering CTAs Finally Post Gains in May

Commodity trading advisers got a boost from equities in May, helping to push many funds into positive territory for the first time in recent memory.

Commodity trading advisers and other so-called quantitatively driven hedge funds — which use computer-driven systems to make investment decisions — posted very strong gains in May, pushing several of them into positive territory for the first time in recent memory.

Most CTAs, trend followers and other computer-driven hedge funds have lost money in all or most of the previous four years.

To continue reading, subscribe now to Premium Journalism. Already a subscriber? login.

Related