While we haven’t quite crossed the finish line yet, this is shaping up to be one of managed futures best years in quite some time. We had its best monthly performance since 2002, its best quarter since 2008 (only because December hasn’t ended yet), and upon closer inspection – November’s performance officially pushed the Newedge CTA Index out of its 3 and ½ year, -12.58%drawdown, to reach all time highs (that’s about 17.79% from the generational low we spoke of in September 2013).
Move over stocks, and let managed futures share that new all time high spotlight some…
(Disclaimer: Past performance is not necessarily indicative of future results)
Let just hope we don’t jinx it… it’s embarrassing when we have to pull out the Wilson Phillips song.