CTAs: Back in the red


A dramatic spike in volatility at the tail end of February led to heavy losses for a number of managed futures funds and sent the Absolute Return CTA Index back underwater for the year. The index, which dropped 1.67% for the month to total -1.18% for the year so far, was the only strategy tracked by Absolute Return to suffer losses. The John W. Henry platform continued its bad spell, with all but one of its funds in the red. Worst hit was JWH Financials and Metals Portfolio, whose 10.50% February loss wiped out any gains the fund