Managed Futures Have Best Yearly Performance since 2008
That’s right, the wait is finally over. After losses in four of the past five years, managed futures finally shook off the rust and posted strong gains in 2014. Strong enough gains, it turns out – to erase the aforementioned losses and push most managed futures indices to new all time highs. If only someone had been saying managed futures was a great buying opportunity back at the end of 2013.
Anyway, the various indices we track averaged a double digit gain, good enough for best performing hedge fund strategy of 2014 and a thorough thrashing of managed futures very distant cousins – long only commodities ($GSG -37.19%, $DBC -31.06%, $DJP -19.59%). Although not quite good enough to beat the ever resilient US stock market (they need to leave something for an encore).
How and why – it comes down to the US Dollar and the big move down in energy markets. For more on how managed futures could have possibly foreseen Crude Oil falling over 50% in 6 months – check out our 2014 Strategy Review here (hint, it’s not as magical as you think). For now, let’s enjoy the ride while it lasts:
Value Partners Asia ex-Japan Equity Fund has delivered a 60.7% return since its inception three years ago. In comparison, the MSCI All Counties Asia (ex-Japan) index has returned just 34% over the same period. The fund, which targets what it calls the best-in-class companies in "growth-like" areas of the market, such as information technology and Read More
(Disclaimer: Past performance is not necessarily indicative of future results)
(BarclayHedge reporting 61.38% of funds, numbers subject to change)
P.S. –Most of the Attain’s Family of Alternative Funds outperformed the indices themselves. To get monthly performance and research updates on the family of funds, sign up here.