John W. Henry had a banner October. Not only did his Boston Red Sox win the World Series for the first time in 86 years, but his Boca Raton, Fla.-based Strategic Allocation Program surged up 20.05%.
The fund also had a strong September, returning 10.46%. The two-month rally was enough to take the fund up to 4.47% for the year-to-date.
The volatile CTA had been down 12.98% for the year-to-date in September following months of double-digit losses.
The summer months proved rough terrain for many CTAs, but the strategy bounced back in a big way