Most CTAs lost money again in September as the poor run of performance in the managed futures space continued, with the worst performers dropping further than the best advanced.
Among the biggest losers were Mulvaney Global Markets, which dropped 8.58% on the month, and Palm Trend, which lost 8.07%. Both funds are down by more than 21% year-to-date.
At the other end of the scale, TOMAC2 was up 4.51%, Molinero Global Markets made 4.06%, ISAM Systematic Gold returned 3.68% and Princes Gate was up 2.62%.
Lyxor Epsilon lost 6.10% last month, while QCM Global Natural Resources dropped