Quant Funds That Chase Trends Are This Year's Biggest Losers
- Commodity trading advisers looking at worst return in 30 years
- Poor performance due to lack of volatility, choppy trends: MRA
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The trend is not your friend -- at least not lately.
Between sleepy movements in global assets and short-lived macro shocks, programmatic investors who make their fortunes chasing momentum have had a particularly rough year. In fact, by some measures, commodity trading advisers are on track to post the worst yearly return since 1987, when data were first collected on the group.