06.12.2012 - Managed futures funds struggle with ageing
The tendency among hedge fund investors since the financial crisis has been to pour money into the biggest managers. Managed futures strategies, which have grown more than any other in the past five years, have been no exception to this trend. New research from RPM, a Swedish asset manager formed in 1993 and with $5bn under management and advisory, suggests that as managed futures get bigger and older, their performance deteriorates. According to data provider HedgeFund Intelligence, 75% of the $100bn in European managed futures assets are concentrated in the hands of the five biggest funds – those run by Man Group’s AHL, BlueCrest Capital Management, Winton Capital Management, Transtrend and Aspect Capital...............................................Full Article: Source
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