Tue, Feb 9, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Opalesque Futures Intelligence

Top Ten: Systematic vs. discretionary traders

Wednesday, December 02, 2009

Discretionary vs. Systemic Traders

This line-up of discretionary and systematic commodity trading advisors comes from the Managed Account Research database. The ranking is by three-year compounded annual return from October 2006 through September 2009.

While the top systematic CTAs listed here have higher compounded long-term returns than the top discretionary managers, there are two qualifications that should be noted. One, these systematic CTAs on the whole have less assets under management. Two, their returns may be significantly more volatile than the discretionary programs’ returns.

Managed Account Research provides information on an extensive range of alternative investments, including managed futures programs.

Investment Three-Year Compounded Annual ReturnYear to Date
DISCRETIONARY
NDX Capital Mgmt. LLC Shadrach 41.51% 2.38%
Baldwin Commodity Corp. MAP 28.27% 7.23%
Dicken Commodities, Inc. Diversified Program 28.02% 6.96%
Dicken Commodities, Inc. Agriculture 27.99% 6.63%
Rosetta Capital Mgmt. LLC Rosetta Program 25.56% - 4.46%
SYSTEMATIC
Livestock CTA Livestock Program 70.08% - 5.28%
Pere Trading Group, LLC Pere Trading Program 53.51% - 6.74%
Global Wealth Analytics Global Wealth Class B 49.55% 11.95%
RAM Management Group MRTP-Aggressive 48.64% 4.09%
TID Company Ltd. Managed Account 35.44% 10.46%



 
This article was published in Opalesque Futures Intelligence.
Opalesque Futures Intelligence
Opalesque Futures Intelligence
Opalesque Futures Intelligence
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. Investing - Avenue Capital's Marc Lasry: We like European bank loans, Comment: A bunch of hedge fund managers are chasing the 'dream of crushing a major structural problem'[more]

    Avenue Capital's Marc Lasry: We like European bank loans From CNBC.com: European banks are under immense pressure, but at least one prominent hedge fund has found what it thinks is a good opportunity in the wreckage. Marc Lasry, co-founder and chief executive of hedge fund Avenue Capital

  2. Credit Suisse cherry picks hedge fund ideas[more]

    From FT.com: Credit Suisse Asset Management plans to cherry pick profitable concepts from hedge funds with the launch in Europe of a “best ideas” strategy. The investment arm of the Swiss bank said the strategy will separate it from other funds blighted by “overcrowding problems”. It comes at a time

  3. Investing - Hedge funds bet on risks in U.S. blue-chip debt, Hedge funds bets against bank credit risk paying off, Tiger Global still likes Internet names, gets pointers from Jeter[more]

    Hedge funds bet on risks in U.S. blue-chip debt From WSJ.com: Hedge funds are betting the next bond sector to crack will be the $4.5 trillion market for the safest U.S. corporate debt. New York’s Perry Capital has placed a $1 billion wager against investment-grade bonds issued by 10 comp

  4. Short Selling - Hedge fund manager Kyle Bass is shorting real estate—again, Top US hedge fund has €80m short position in Paddy Power Betfair[more]

    Hedge fund manager Kyle Bass is shorting real estate—again From Fortune.com: He also predicted the mortgage crisis in 2008. Hedge fund manager Kyle Bass, who runs Dallas-based Hayman Capital, tanked the stock of a little-known real estate financier Friday by revealing that he is shorting

  5. HFRU Hedge Fund Composite Index down -2.58% in January[more]

    Global financial markets posted sharp losses in January led by declines in Oil and global equities, though steep intra-month losses in both were narrowed by strong gains in final trading days of the month. Global equities posted steep declines for the month led by Biotechnology, Energy, Financial, E