images

Managed Futures

Some investment advisors and reference services include managed futures as a type of hedge fund and report its performance along with other hedge fund strategies. There are, however, important differences between a managed futures fund or program and a traditional hedge fund. First, managed futures are generally proprietary and offered as an optional service by broker-dealer firms; whereas hedge funds are independently operated by a professional money manager.

Second, the trading of futures contracts in managed futures must be done by a professional holding the commodity trading advisor (CTA) designation and passing a certain ...

Get The Handbook of Professionally Managed Assets: A Definitive Guide to Profiting from Pooled Investments now with the O’Reilly learning platform.

O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.