Managed Futures Down For Two Months, But Asset Flow Remains Strong

Despite recording a better than usual year in terms of asset flows, CTAs or managed futures strategies suffered yet another fall in the month of May. As we have pointed out before, CTAs were the biggest casualty from the losses that Asian suffered markets last month.

According to the latest hedge fund returns, the Eurekahedge CTA/Managed Futures fell by 0.13% in May. The main cause for the bleak performance was the poor performance of the commodities market. Eurekahedge points out that returns on metals, energy and soft commodities were down 7.87%, 1.52% and 6.26%, respectively, according to the S&P Goldman Sachs Total Return commodity indices. In a separate...