Aktuelle Markteinblicke

Managed-Futures-Strategien sind bei Vermögensverwaltern bekannt, die unkorrelierte Renditen und eine robuste Performance in Krisenzeiten anstreben. Aber treffen diese Eigenschaften immer zu?

Hard landing or soft? From Draghi’s ‘’Whatever it takes” to Powell’s “Whatever it costs”, we know the markets are ready for exciting times. CTAs aim to face the next swing, whether it be hard landing or soft.

Die Konvexität bzw. der „Smile“ von CTA-Fonds entwickelt sich im Laufe der Zeit. Einige Smiles sind jedoch breiter als andere.

Steeve Brument, Head of Quantitative Multi-Asset Strategies, Deputy Global Head of Multi-Asset, explains how a strategy invested in futures can deliver performance by harnessing the various market trends.

After several decades of riding a government bonds bull market, investors are now looking for alternative drivers of return. Commodity Trading Advisor (CTA) strategies, with their ability to make gains in rising, as well as falling markets, have historically been able to improve risk-adjusted returns when introduced to a balanced portfolio. However, a question that investors can legitimately ask today is how are CTAs impacted by rising interest rates?

Global Head of Alternative Investments, Member of the Executive Committee