FYI: Relatively speaking, managed futures were the darling of the financial crisis when they were the ultimate zig (the Altegris 40 managed futures index gained more than 15 percent) to the stock market’s zag (the S&P 500 Index plunged 37 percent) in 2008.
Afterward, investors clamored for managed futures products and the investment management industry complied with scores of products —mainly mutual funds—to meet the demand. Unfortunately, it was a case of bad timing because managed futures are designed to shine when traditional asset classes stumble (a concept known as “crisis alpha”), and we’ve been in an equity bull market since March 2009.
Regards,
Ted
https://www.fa-mag.com/news/is-the-timing-right-for-new-managed-futures-etf-45177.html?print
