Saturday, April 20, 2024

FX gains drive trend-following comeback in April

CTAs rebounded in April, boosted by strong performance by large trend-followers, after an “extremely difficult March” for managed futures.

Societe Generale’s CTA index was up 2%, leaving it down 3.3% for the year, while its index of the ten largest trend-followers was up 2.9%, but remains down 4.6% for the year.

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