A recent discussion with a potential investor encouraged us to write this article and explain in its simplest form what futures contracts are and who utilizes them. As an investment advisor in managed futures, we overlook the core ideas of how the futures markets started and their purpose.  Prior to…

It’s no secret every industry has a set of terms or words that are only familiar to people within that specific industry. Managed futures might be more complex than most industries. The purpose of this piece is to help investors or new members to the industry understand just exactly what…

Most of our clients’ CTA investment portfolios are setup via a separately managed account structure where they setup one master/cash account that feeds into each of their CTA sub-accounts. The benefit of setting up a master and sub-account structure allows an investor to “cross margin” their cash account with each…

Over the years, we can’t count the number of times we have had to explain the difference between a separately managed account (SMA) and a fund structure. Until this day, many investors may still not completely understand the differences between the two. Given much of the confusion and misunderstanding, we…