Kettera Strategies Heat Map December 2021
Metals strategies with long exposures to precious and or base metals performed well, either by straight directional bets or spreads
Kettera Strategies Heat Map November 2021
Longer-term systematic trend strategies were hit hard by reversals at the end of the month
Kettera Strategies Heat Map October 2021
October’s theme was that there really wasn’t a theme for longer term trend followers
Kettera Strategies Heat Map September 2021
It was a big month for most of the long volatility and relative value (RV) volatility managers we follow - perhaps their best in nearly 1½ years
Kettera Strategies Heat Map August 2021
August was a very frustrating month for directional trading in the metals markets and crude and refined products
Kettera Strategies Heat Map July 2021
July was generally a positive for systematic trend programs, but it was also one of those months with a wide array of returns for such programs
Kettera Strategies Heat Map June 2021
June was a negative month for the longer-term systematic trend programs, where setbacks came primarily in fixed income and currency markets
Kettera Strategies Heat Map May 2021
May demonstrated the stark differences in returns that can occur among discretionary vs model-driven macro programs
Kettera Strategies Heat Map April 2021
Systematic trend followers with meaningful allocations to commodities outperformed those that primarily trade financials
Kettera Strategies Heat Map March 2021
Systematic CTAs faced a multitude of unexpected inflection points, the biggest examples coming in fixed income and softs commodities
Kettera Strategies Heat Map February 2021
February offered investors one of the best months in years for Systematic Trend
Kettera Strategies Heat Map January 2021
Last month offered investors a mixed bag of returns in the Systematic Trend Programs sector
Kettera Strategies Heat Map December 2020
Ag Commodities Specialists had one of its best months in more than a year in December
Kettera Strategies Heat Map November 2020
Unlike October, where the bulk of discretionary macro managers returned slightly negative numbers, November shows an enormously wide range of returns
Kettera Strategies Heat Map October 2020
The quant macro programs we follow generally had negative months
