The goal is to show which CTAs are "best" across all of the factors important to this type of investment. This includes a bevy of risk factors, and not just return based rankings.
(PRWEB) February 14, 2012
Attain Capital Management released their highly anticipated Semi-Annual CTA Rankings in their free weekly newsletter this week, highlighting their unique definition of what makes a CTA among the “best” in the industry.
Managed Futures refer to a type of alternative investment which relies on professional investment managers known as a Commodity Trading Advisor (CTA), who specializes in the trading of commodity futures and options trading from both the long and short side. The rankings, released by Attain twice a year and well respected within the industry, are designed to provide a picture of which managed futures programs do a good job of not just providing returns, but also managing risk. The goal is to show which CTAs are "best" across all of the factors important to this type of investment. This includes a bevy of risk factors, and not just return based rankings.
This time around, Attain has an overhauled ranking algorithm six months in the making they believe provides an even more balanced approach, comparing programs on a variety of timeframes in a nuanced manner that won't give an skew the rankings toward the biggest and oldest CTAs, but also requires exemplary performance and risk management out of younger CTAs if they're to make the cut. Further, the ranking categories were shifted in an effort to make them more useful for investors, taking into account elements like minimum investment requirements and assets under management.
"Past performance, whether it be return based, risk based, or some other metric; is not a crystal ball- it's not going to tell you how a CTA is going to perform tomorrow," explained Jeff Malec, CEO and founding partner at Attain. "But if 500 CTAs just lived through the same market environment, and some controlled risk better, and some had less volatility, and some had better returns – and a handful did all of those better than their peers, I sure want to know who those CTAs are as I start my due diligence process and get into the details of whether I want to invest with a manager”.
The rankings can be viewed on the Attain Capital Management website: http://bit.ly/xcZKPk
About Attain Capital Management
Attain Capital Management is a commodity futures brokerage and research firm specializing exclusively in managed futures, trading systems, and managed forex. Their focus is on helping people find the investment program that is right for them through advanced data, exhaustive research, and ongoing education. With clients across the globe, Attain consistently contributes quality managed futures research and analysis via their popular weekly email newsletter and daily blog.