Big reversals for most managed futures funds as severe market turbulence in May takes toll


May was a generally torrid month for managed futures funds, with most systematic trading strategies being thrown by the wild volatility in the markets.

The month’s worst performers included Mulvaney Global Markets (-11.82%), FTC Futures Fund Dynamic (-10.82%), Rivoli International (-10.40%), and the hugely volatile Superfund offerings – which were down between 6% and 18%.

QCM Global Natural Resources lost 9.83%, Estlander & Partners Alpha Trend was down 8.13%, IKOS Futures shed 7.7%, Amplitude Dynamic Trading dropped 7.36%, Brummer & Partners Lynx lost 5.90% and F&F Systematic Trading was down 5.25%.

Aspect Diversified lost 5.24%, ISAM Systematic lost