Following the Trend: Diversified Managed Futures Trading (Wiley Trading)

During bull and bear markets, there is a group of hedge funds and professional traders which have been consistently outperforming traditional investment strategies for the past 30 odd years.

They have shown remarkable uncorrelated performance and in the great bear market of 2008 they had record gains.

These traders are highly secretive about their proprietary trading algorithms and often employ top PhDs in their research teams.

Yet, it is possible to replicate their trading performance with relatively simplistic models.

These traders are trend following cross asset futures managers, also known as CTAs.