Managed futures redemptions slow in H2 2014

Managed futures lost $35 billion in outflows last year, roughly twice that from global macro, even though it outperformed all other strategies

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Managed futures had $35 billion in outflows in 2014

The gush of redemptions from managed futures funds slowed in the last half of 2014, as the strategy outperformed all other hedge fund strategies over the year.

The last half of the year saw a revival of managed futures’ fortunes such that the strategy generated higher returns in one year than in the three previous years combined.

Performance seesawed for macro and managed futures funds in 2014 as a whole. The year began slowly, taking six months for macro funds to achieve positive cumulative

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