Mon, Jul 6, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Nordic roundtable delegates believe CTAs will recover previous form

Tuesday, October 22, 2013

amb
Mikael Stenbom
Beverly Chandler, Opalesque London:

Delegates at The Opalesque 2013 Nordic Roundtable, sponsored by Estlander & Partners, Eurex and Taussig Capital discussed the evolution of the managed futures hedge fund strategy, or CTAs.

Mikael Stenbom of RPM opened the debate commenting that his firm has spent 20 years in this industry. "When we started in the early 1990s, the CTA industry was dominated by U.S. based classical trend-followers." At the time, Stenbom reports that most of them had a mantra: "Never touch the system."

Stenbom continued: "Now, as it turned out in mid-90s, perhaps it would have been a smart idea to touch the system because markets were and are changing, and that was when the European CTAs entered the stage with a more scientific approach. In Europe we had Transtrend, AHL, Winton, Aspect who quickly started to dominate the industry and, at least in terms of AuM, still are."

Stenbom argues that now a new breed of managers is emerging. "These managers do not have a background in trading the markets or from economics or financial studies. They are often engineers, mathematicians or physicists, their passion is technology more than trading, and they have acquired sets of skills tha......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Opalesque Exclusive: New systematic strategy managed alongside research firm outperforms S&P500[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: An emerging CTA manager explains how he runs his strategy, which is based on an index produced by a research firm. Peter Turk is head of

  2. Opalesque Exclusive: New systematic strategy embraces machine learning[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: The founder of a New York-based systematic trading firm, which offers a hybrid between alpha strategies and alternative feta at lower fees, describes his approa

  3. Larry Robbins' hedge fund Glenview buys 1m Tenet Healthcare shares[more]

    Komfie Manalo, Opalesque Asia: Glenview Capital Management said it bought an additional 979,482 shares at Tenet Healthcare Corp valued at $53.80 million, raising its stakes in the healthcare services company to 15.16%, reported

  4. Legal - Grayson’s hedge funds under scrutiny for possible ethics violations, Court rejects hedge fund’s motion to block merger of Samsung affiliates[more]

    Grayson’s hedge funds under scrutiny for possible ethics violations From Freebeacon.com: Rep. Alan Grayson is finding himself in hot water over managing hedge funds that bear his name, actions that are in possible violation of House ethics rules. Sitting members of Congress are prohibite

  5. Hedge funds decline in June as stocks tumble on Greek woes[more]

    From Bloomberg.com: Hedge funds posted losses across strategies last month as uncertainty over whether Greece will remain in the euro sent global stock markets tumbling. Winton Capital Management declined about 3.1 percent in June in its $12.1 billion Winton Futures Fund, leaving it down 1.9 percent

 

banner