Strong trends in key futures markets have made for solid growth for Commodity Trading Advisers (CTAs) over the last 12 months.
Though index providers have not yet calculated February figures, returns from individual CTAs and managed futures hedge funds suggest that 2002's strong aggregated performance is still in full flow.
The strategy picked up in May last year, bringing the Carr Barclay CTA index up almost 14% in calendar 2002, and the CSFB Tremont index 18%. In the 12 months to...