With the digital ink barely dry on the last trades of the month, we’re scanning the managers we follow on a daily basis – then extrapolating that onto the Newedge CTA index month to date return of +0.77% as of last Friday – to estimate that managed futures as an asset class finished February on the upside (anywhere from +0.85% to +1.25%)
Rebounds to the upside in grains, commodity currencies, and metals after sharp Libya related sell offs, are to thank – as were continued trends higher in softs, foreign currencies, meats, and more.
Check our weekly newsletter up on our site later tonight for more.
