Wisdom Trading

For a lot of successful traders, the path goes like this: you trade your own money, it works, and then friends, family, or former colleagues start asking whether you’ll trade theirs. At some point, running a dozen separate accounts stops being practical — and the logical next step is to pool that capital into a single fund. In the futures world, the person who runs that fund ...

Managed futures have been hard to ignore in 2026. Through the third quarter, the SG CTA Index — the sector’s main benchmark — returned about 15.7%, outpacing the S&P 500’s roughly 11.7% over the same stretch. When a strategy most investors have never heard of quietly beats the stock market in a strong year for stocks, the natural question follows: what exactly is mana...

Through the first three quarters of 2026, a strategy most investors never think about quietly did something it isn’t supposed to be able to do: it beat the S&P 500 — and it did it while bonds were falling apart.

The strategy is trend following, the engine behind most managed futures programs. For years the knock on it was that it “only works in a crisis.” 2026 is m...

The Managed Futures Brief is our weekly roundup of the developments that actually matter to managed futures investors and systematic traders — new execution tools, product and ETF competition, infrastructure and regulatory changes — with a plain read on what each one means for your program. We update it every Monday.

The mos...

Ask most investors why they don’t have a systematic futures allocation, and the answer is rarely “I don’t believe in it.” It’s almost always some version of “it sounds complicated,” or “I wouldn’t know where to start,” or “I don’t have time to run that.” They’re half right: the implementation is genuinely involved. The benefit, though, is one of the most wel...