Managed Futures Funds Shine In August Rout

Aug 25 2011 | 12:54am ET

Managed futures hedge funds are making out quite nicely amidst the market carnage this month.

"Black box" funds are up 4.2% this month, Hedge Fund Research data shows, almost a mirror image of the average hedge fund, which is down 4% on the month.

The biggest of the black boxes, Man Group's flagship AHL strategy, is a case in point: The strategy was up 4.3% in the week ended Monday, bringing the US$23.9 billion fund breathlessly close—it needs an additional return of just 0.3%—to reaching its performance fee hurdle.

"These are the environments in which we're expected to perform," AHL manager Harry Skaliotis told Reuters.

Others are also doing well, including Winton Capital Management's flagship, up 2.2% in August and 7% on the year, and SMN Investment Services' Diversified Futures Fund, which is up 13.7% this month.

Even the losing managed futures funds are beating their average peer. BlueCrest Capital Management's Bluetrend Fund is down just 1.7% this month, leaving it up 4.2% on the year.


In Depth

Creating An Offshore Hedge Fund Dream Team: The Seven Key Players

Jun 26 2015 | 6:47am ET

If you want to set up an offshore hedge fund, like any great team, you’re only...

Lifestyle

Hedgies Set to Compete in Wall Street Decathlon

Jun 8 2015 | 12:37am ET

The Wall Street Decathlon — a 10-event physical challenge that will crown “Wall...

Guest Contributor

6 Essential Principles To Balance Your Investment Risk

Jun 26 2015 | 10:07am ET

In this article, financial expert Greg Silberman explores how to hedge a private...

 

Editor's Note