The growth in funds managed by commodity trading advisors
(CTAs) was one of the leading indicators that showed that the
world of alternative UCITS strategies was widening and
The asset class, in previous years shunned by many investors
has seen more recently – especially after some
terrific performance during the financial crisis of 2008
– as an all-weather strategy and a diversifier away
from traditional equity and bond assets.
But managed futures has had a challenging year in 2012
– with the Absolute UCITS Managed Futures
Index reporting a median loss year-to-date to October 2012
of more than 4%.
However, many more fund managers continue to unveil new CTA
funds using the UCITS framework.
The latest to be unveiled is the MS QTI UCITS Fund, which is
on Morgan Stanley’s FundLogic platform, and...