Strong investor appetite for CTAs continues in 2018

Tensions with alt risk premia products are creating an interesting dynamic in the sector

Although CTAs bounced back in the fourth quarter of 2017, with the return of trending markets, full-year performance figures for managed futures have proven lacklustre, if considerably better than the broadly negative results of 2016. The various indices and aggregates ended the year in the low single-digits: the Societe Generale