Managed Futures as an asset class posted a return of -1.58% to start off the year, according to the Newedge CTA index.
The culprits in January as we saw in live accounts at Attain were the sell off in Gold and Silver, choppy conditions in energy markets, and a sideways bond market. The traditional, trend following managers whom did well in 2010 were the worst performers; while diversified option sellers whom struggled in 2010 performed best in Jan.
The mention of asset class performance is based on the noted source index (i.e. Newedge CTA Index, S&P 500 Index, etc.) , and investors should take care to understand that any index performance is for the constituents of that index only, and does not represent the entire universe of possible investments within that asset class. And further, that there can be limitations and biases to indices such as survivorship and self reporting biases, and instant history. Past performance is not necessarily indicative of future results. The data and graphs above are intended to be mere examples and exhibits of the educational topic discussed, are for educational and illustrative purposes only, and do not represent trading in actual accounts.