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TOP TEN

We feature top managers from a different database every month.

This list of commodity trading advisors with the highest returns for January is from Managed Account Research Inc. The advisors featured here manage more than $10 million. The corresponding list of advisors managing less than $10 million shows substantially higher returns—the top performers in that ranking of smaller CTAs is Forbes Futures, up 133% for the month, and the silver program from Pearlman CTA, up 24.7%.

The Managed Account Research database includes an extensive range of alternative investments, as well as benchmark and proprietary index data for comparing the individual programs to industry performance standards. The database tracks over 120 fields of qualitative information for each of the investments.

Managed Account Research Inc. January 2009 Top Ten Advisorswith More than $10 Million Assets