SEB fund down nearly 5% as managed futures funds languish


By Hannah Walsh

Many managed futures funds languished at the bottom of league tables for the week ending 12 July 2013, according to figures reported to the Absolute UCITS database.

For the reporting week the sector had a median loss of 64 basis points – with the SEB Asset Management’s Selection Opportunistic Fund down nearly 5% for the week, showing the greatest loss. The fund was up 4% year-to-date to June 2013.

Other funds in the managed futures sector also struggled  with the Aspect Diversified Trends, Nef Blue Mountain and Man AHL Trend funds all down more