| | Outlook

    Sigma Advanced
    We consider grains to be one of the most exciting markets for this year, an increase in the U.S. grain export will support prices, but only if the U.S. dollar stabilizes or declines. Corn and Wheat seem to be at a discount from their previous years’ price average; a definitive US-China trade deal could impact grains to have sharp moves in the year. We also anticipate an inflow of institutional money into grains that will move futures prices of different expiration. This is an optimal environment for our trading program … Read more COMMODITIES A RANGE OF OPPORTUNITIES FOR 2020
  • January Flash Report

    | | Flash Report

    exterior of the Titanic Belfast museum in Northern Ireland, UK
    What’s Up The Ag trader index beat out the other indexes last month at 1.12% as trade tensions with China eased potentially providing some clarity on demand going into 2020. The Option Strategy index lead the list for 2019 at 8.05% as traders did not have many significant short term moves that provide the biggest challenges to their strategies. Meanwhile, the IASG Trend Following and Systematic Trader indices posted their highest annual returns since 2014. CTA Spotlight Adalpha Asset Management continued their solid performance for the year in December with a 0.68% return to finish the year up over 12%.  Investors are finally taking notice of the 16 years of steady … Read more January Flash Report
  • December Flash Report

    | | Flash Report

    What’s Up The Stock Index Trader Index topped the indexes again last month, up 1.02% and 6.02% for the year. The Systematic Volatility Arbitrage Program (VolArb) by Deep Field Capital led the index. What’s Down AIS Capital‘s MAAP (3x-6x) Composite program’s -9.67% (-12% YTD) drop helped push the Discretionary Trader Index into the red last month at -1.23% and 1.21% for the year. CTA Spotlight: Spring Valley Asset Management Spring Valley Asset Management (part of our Diversified Trader Index) contributed a guest post last month detailing the drivers behind trend following and how each variable impacts CTA performance. Read blog post… … Read more December Flash Report
  • Commodity Trading Advisors (CTAs) in Perspective

    | | Commodity Trading Advisor

    Spring Valley
    The following is a guest post from Spring Valley Asset Management: Disclaimer: While an investment in managed futures can help enhance returns and reduce risk, it can also do just the opposite and in fact result in further losses in a portfolio. In addition, studies conducted of managed futures as a whole may not be indicative of the performance of any individual CTA. The results of studies conducted in the past may not be indicative of current time periods.   Commodity Trading Advisors (CTAs) are a class of hedge funds that trade primarily in liquid global futures markets. These include currencies, … Read more Commodity Trading Advisors (CTAs) in Perspective
  • November Flash Report

    | | Flash Report

    What’s Up The stock index trader index lead the pack last month, up 1.19% and 5.05% for YTD led by Kinkopf Capital Management’s S&P Select program. What’s Down The trend was not your friend for the second month in a row, as the trend following strategy index dropped 2.32% anchored by Mulvaney Capital Management’s Global Markets Fund’s 12% slip. CTA Spotlight: Tianyou Asset Management. In February 2018, markets looked pretty dire for many option writers. The VIX had spiked 250% in less than a week and options sold a few days before were selling for many multiples of their original value. The … Read more November Flash Report