Trend-followers fall 5% in wild April markets

IntelSubscriber content
By Will Wainewright
Credit: Unsplash

Trend-followers sank into the red during April’s market turbulence, as President Trump’s unpredictable tariff policy upset winning trades.

Societe Generale’s main CTA index was down 4.5% with one trading day of April remaining, placing it down 6.9% YTD. Its tracker of the ten largest trend-followers fared worse, down 5% and now 9.4% YTD.

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