While grocery prices grab the headlines, chocolate might be the story of 2024. The standout trend of 2023 was one that most people overlooked in their day-to-day lives. Cocoa futures surged over 70%1 for the year, and this rally2 seems to have staying power. Smaller trend managers benefited from seizing this opportunity, unlike larger programs […]| IASG
Disclaimer While 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 on managed futures as a whole may not be indicative of the performance of any individual CTA. The results of studies […]| IASG
Most top-down and global macro managers follow all of the macro data announced each day. They will compare data across time and countries to understand relative economic performance, but when they go back to basics to understand how data are constructed, they will usually get a very uneasy feeling. How much noise is in this data?| IASG
What makes a futures program great? Obvious answers include excellent performance, low drawdowns, a high Sharpe ratio, or consistent returns. While everyone searches for those qualities, large money managers know that the secret to producing all of those is to build portfolios that target those goals using multiple strategies. After all, high returns and low […]| IASG
