Database Updated

The Database contains 1371 different managers, representing 2624 different investment strategies. For the current reporting month, 959 managers have reported returns. For the prior month, we have 1067 live managers. In total, the database contains 213153 years of manager data.

Drawdowns and Risk

In the NilssonReport we calculate the average current drawdown that the universe of reporting managers is experiencing. To refresh your mind, the drawdown is a measure of risk, showing the loss that an investor has suffered if he would have invested at the most recent equity peak. Typically, drawdowns are proportional to the standard deviation … Continue reading Drawdowns and Risk

Top and Bottom Performers YTD

Tokenpot Capital LP – Tokenpot Capital Master Fund LP 146% 3iQ Corp – 3iQ Global Cryptoasset Fund 128% Pantera Capital Management LP – Pantera Bitcoin Fund Ltd 126% Cryptos Fund – Cryptos Fund 110% Tradecraft Capital – Tradecraft Crypto Asset Fund LP 88% Crypto Fund AG – Mythenstein Fund Ltd. 87% QQFundcom – Investment Program … Continue reading Top and Bottom Performers YTD

Managed Futures Returns for May

CTA are up 1.4% for the year (measures as a broad based composite), but down 70 bps for May. We also note that performance data for prior months have been incorporated into the historical returns (reporting bias) and some previous estimates have been reduced.