Chart of the month: Quantitative Global Program


This year has been a tough one for CTAs, but great reputations are built in terrible times. Quantitative Investment Management’s $880 million Quantitative Global Program has netted 10.16% through April, well ahead of the Absolute Return Managed Futures Index, which is barely in the black, returning 0.12% over the same period. Since its December 2001 inception, the program has netted an annualized return of 19.74%.

Quantitative was co-founded in 2003 by Jaffray Woodriff, Michael Geismar and Greyson Williams. The firm now manages $1.035 billion and will reopen to new investment on June 1. In April, when the fund