Posted: Mon Dec 20, 2004 4:58 pm
Two well-established (track records of ca. 9-10 years and more than $1 billion under management) and system-based CTAs that can boast what I consider exceptionally good and consistent performance are Quadriga and Transtrend.
If you look for consistent returns of about 20% p.a. and MAR above 1 then have a look at Quadriga AG (closed fund):
http://www.superfund.de/en/popupFacts.asp?mask=1
If you prefer consistent returns of about 20% p.a. and MAR above 2 then consider Transtrend-Diversified Program, Enhanced Risk Profile:
http://www.iasg.com/SnapshotPT.asp?ID=302
If you go for absolute returns then check the results of Quadriga Superfund Cayman (closed fund):
http://www.superfund.de/en/popupFacts.asp?Mask=256
http://www.iasg.com/SnapshotPT.asp?ID=420
This fund has only more than 3 years of history and is volatile but the CAGR of 54% and MaxDD of 35.40% are impressive and please note that this is after extremely high incentive fees of 35%.
Check their websites for insights into their methodologies. They are both trend-followers, although Transtrend is not a LTTF fund. They describe their style as Global Diversified Medium Term Trendfollowing.
And guess what–both companies are European .
If you look for consistent returns of about 20% p.a. and MAR above 1 then have a look at Quadriga AG (closed fund):
http://www.superfund.de/en/popupFacts.asp?mask=1
If you prefer consistent returns of about 20% p.a. and MAR above 2 then consider Transtrend-Diversified Program, Enhanced Risk Profile:
http://www.iasg.com/SnapshotPT.asp?ID=302
If you go for absolute returns then check the results of Quadriga Superfund Cayman (closed fund):
http://www.superfund.de/en/popupFacts.asp?Mask=256
http://www.iasg.com/SnapshotPT.asp?ID=420
This fund has only more than 3 years of history and is volatile but the CAGR of 54% and MaxDD of 35.40% are impressive and please note that this is after extremely high incentive fees of 35%.
Check their websites for insights into their methodologies. They are both trend-followers, although Transtrend is not a LTTF fund. They describe their style as Global Diversified Medium Term Trendfollowing.
And guess what–both companies are European .