May 2023 was a month with weak beta returns, as global equities and bonds declined modestly. Central banks settled into the transitory for longer narrative and while the FED ultimately paused in June, other central banks kept pushing rates higher. Trend Followers continued to recover some of their losses, while Crypto and Risk Parity strategies ended up at the bottom.
As per our usual programming, we have collected slightly more than 80% of the managers that we expect to report for May (1811 strategies, of which 534 Commodity Trading Advisors). We can have reasonable assurance that we are giving a solid representation of the managers that had the best of times and the managers that had the worst of times. From a performance perspective. Odey’s funds did definitively not have the best of times, but that has yet to impact their performance.
To explore the full list of CTAs and their rankings, including dynamic updates as new data becomes available, we invite you to visit our website at the Link provided.
To explore our extensive list of Market Neutral funds and their dynamic rankings, we invite you to visit our website at the link provided here.
To explore our extensive Equity Long/Short list, with dynamic rankings, please see Link
To explore our extensive Event-Driven list, with dynamic rankings, please see Link
To explore our extensive Fixed Income list, with dynamic rankings, please see Link
To explore our extensive Risk Premia list, with dynamic rankings, please see Link
To explore our extensive Crypto Strategy list, with dynamic rankings, please see Link
It is important to note that our rankings are not filtered for Asset Under Management, meaning that funds of any size can be included in our analysis. Our rankings are based solely on a simple return metric without adjusting for volatility, so some funds may have a higher risk profile than others.
To be included in our rankings, funds must have reported returns for the current reporting month. This means that we may not have data on all funds in a given category, and our rankings should be considered within the context of the funds that we do have information on.
Past performance is not indicative of future results.