Despite reversals in some of the major trends which have been fueling managed futures recent success  (long dollar, short f/x, short metals, and short energies) the asset class managed to post gains in March, up an average of +1.23% across the 4 indices we track {past performance is not necessarily indicative of future results}.

The months long trends were affected by the FOMC statement midway through the month, but the Newedge CTA Index surprisingly posted a +0.17% that day, and a +0.35% the day after {past performance is not necessarily indicative of future results.}

Add it all up, and the March gain meant a 4th consecutive quarter of gains for managed futures. With it coming during a choppy quarter for stocks was all the better. Now we’ll just have to wait and see what happens over the next three quarters, with Oil, with Bonds, and with the seemingly ever increasing stock market.

Stay Tuned.

(Disclaimer: Past performance is not necessarily indicative of future results)
(Barclayhedge CTA Index: 37% of funds reporting)

P.S. –Some of Attain’s Family of Alternative Funds outperformed the indices themselves. To get monthly performance and research updates on the family of funds, sign up here.