As equity long/short hedge funds have struggled this year, managed futures funds have been able to capitalize on market volatility and generate some of the best returns in the hedge fund industry.
The managed futures sector refers to funds known as commodity trading advisors, or CTAs, which generally use a proprietary trading system to trade futures contracts in areas such as commodities, equity indexes, FX, and bond futures.
Q1 2022 hedge fund letters, conferences and more
The Best-Performing Hedge Fund
The best-performing strategy in the sector this year is the Drury Diversified Trend-Following Programme, which is described as being "a long-term systematic trend-following strategy with relatively low correlation to other major CTAs."
The strategy returned 9.3% in April, taking its year-to-date return...

