The S&P GSCI lost 13.6% month-to-date through July 27, 2015, bringing its level to the lowest since February 25, 2002. Yet, the most recent Lyxor weekly briefing shows that CTAs and global macro managers outperformed other hedge fund strategies, recouping some of the recent losses. CTAs benefited from sizeable short positions in precious metals and energy as gold and energy prices dropped. Fixed income and equity buckets added to the gains as well. Market observers note that the persistently low volatility could be a signal that a correction is coming, and that could be a boon for CTAs. Bailey McCann (full article here)

Katy Kaminski from Campbell & Company, a CTA with more than 40 years of experience, said her firm had been receiving plenty of phone calls and emails as of late as CTAs "have recently gone from out of favor to being quite in favor." She added, "One of the things that we are definitely seeing is that people are asking more questions. We need to provide more education." KomfieManalo (full article here)

Investors are looking forinstitutionalized hedge funds and CTAs, because of the need for a defined process and a sophisticated infrastructure for compliance, accounting, and technology, along with business continuity and succession plans, according to Arthur Bell, founder of Arthur Bell CPAs, an accountancy firm. "Investors want to know what your structure is; what your backup systems are; what your IT and security looks like. These things now have a much greater priority. As a result, we are seeing more clients trying to institutionalize and structure their operations as they get bigger." Komfie Manalo (full article h......................

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This article was published in Opalesque's New Managers a top-down monthly analysis, news and research publication on the global emerging manager space.