Category: Flash Report

  • May Flash Report

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    social-distancing
    The major theme appears to be volatility remaining steady in May with a VIX hovering in the mid 20’s. U.S. equity indexes continue moving closer to a full recovery from March lows in spite of unemployment reaching numbers never seen before. Perhaps markets have factored in Q2 COVID-19 effects along with extreme government stimulus. We should look toward economic indicators in Q3 and Q4 to realize more of the impact COVID will have globally. Most stood ready for this to be the recession (perhaps a depression) with long lasting effects. With everyday activity starting to take more of a return … Read more May Flash Report
  • April Flash Report

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    geometric-architecture
    Mostly a subdued month despite continued volatility across almost all asset classes. As we await the outcome of the pandemic and us getting back to some sort of new semblance of normal we can almost assuredly expect volatility to remain. With this much Federal Reserve intervention in the markets we are really in unprecedented times. All the broader equity indexes rallied quite a bit in April despite record levels of unemployment and more people looking for work than ever before.  Perhaps the market thinks we will dig out of this and go back to pre crisis spending by Q4 of … Read more April Flash Report
  • March & April Intra-Month Performance Updates

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    ceiling
    Wow what a month March turned out to be on the heels of February. During the COVID-19 outbreak we saw a huge volatility surge again in March across almost all asset classes from equities to rates to commodities. We showed a brief intra-month view of several managers we track and, good, bad or indifferent wanted to update you on the final numbers they produced. Shorter term strategies and tail risk strategies stole the show for March with the ability to capture much of the volatility on both up and down days. Also in the mix was the showdown between Saudi … Read more March & April Intra-Month Performance Updates
  • February & March Intra-Month Performance Updates

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    What is up? Indexes across the board are showing position returns for February. This heightened volatility has given way to many strategies particularly Systematic Managers with a 1.03% number posted for February. The overall IASG CTA Index is up 0.70% and focuses in on managers with at least 36 months of history. What is down? The IASG Option Index has only a few reported numbers so although showing positive as of today – we anticipate this number to be negative as more managers report. A few managers did perform during February that trade option strategies. Global Sigma BondVol strategy posted a … Read more February & March Intra-Month Performance Updates
  • February Flash Report

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    skyscraper
    What’s Up The Trend Following Strategy Index rose above the other indexes last month at 1.58% with the Superfund Group taking the 4 top spots and their Green Gold SICAV program reaching a new high at 8.70% for the month. What’s Down The Discretionary Trader Index was down -0.72% for January followed closely by managers focused on Stock Indexes with a reported loss of -0.20%. The Coronavirus outbreak wreaked havoc in global markets erasing much of the early index gains in the month. Commodities: A Range of Opportunities for 2020 A decline in the U.S. dollar will be an essential … Read more February Flash Report