The term managed futures describes an industry comprised of professional money managers known as commodity trading advisors (CTAs). These trading advisors manage client assets on a discretionary basis using global futures markets as an investment medium. Trading advisors take positions based on expected profit potential
INVESTMENT UNIVERSE
TRADITIONAL ASSET CLASSES
Cash
Bonds
Equitles
Real Estate
ALTERNATIVE ASSET CLASSES
Hedge Funds
Managed Futures
Private Equity
Credit Derivatives
Managed futures are an asset class in their own right, separate from traditional investment such as stock and bonds.
Modern Portfolio Theory ("MPT") is also called "portfolio theory" or "portfolio management theory." MPT is a sophisticated investment approach first developed by Professor Harry Markowitz of the University of Chicago, in 1952. Thirty-eight years later, in 1990, he shared a Nobel Prize with Merton Miller and William Sharpe for what has become the frame upon which institutional and savvy investors construct their investment portfolios.
Featured CTAs
Past performance is not indicative of future results. The risk of loss in futures and options trading is substantial. Such trading is not suitable for all investors.