PT - JOURNAL ARTICLE AU - Thomas W. Moller TI - Insights into the Recent Performance of Managed Futures AID - 10.3905/jai.2000.318967 DP - 2000 Dec 31 TA - The Journal of Alternative Investments PG - 53--61 VI - 3 IP - 3 4099 - https://pm-research.com/content/3/3/53.short 4100 - https://pm-research.com/content/3/3/53.full AB - The directional trading strategies of most CTA's and Global macro hedge have not been effective in the recent market environment. In this commentary, several possible answers for the recent performance and what investors may expect in the future, with particular focus on commodity trading advisor-based strategies are discussed.