Managed futures “crazy ride” so far in 2018… RCM Alternatives

by Jim Colburn • Sunday, February 18, 2018

RCM Alternatives has this to say about managed futures returns so far this year:

“The last month and a half has been one crazy ride for an asset class that prides itself more on base hits than trying to hit home runs. It started off with a bang, at one point up about 6% (per the SG CTA Index) as many in the industry headed down to Miami for the annual spate of conferences, broad smiles on their faces. It prompted us to write how it could be the best monthly performance from Managed Futures in more than a decade on January 29th – which, as often happens, put the nail in the coffin for the up move in a cruel contrarian headline sort of way. The market(s), it turned out, had other plans, with several key reversals causing the SG CTA Index (which is made up of the top 20 CTAs excluding Winton) to tumble at the end of January into the first week of February. In the course of 13 days, the index went from up 6% to down -4.5%, a 10% swing. That’s surprisingly similar to what stocks have done so far in 2018.”

Here is their chart:


Leave a Reply

Your email address will not be published. Required fields are marked *