January proved to be one of the strongest months in years for trend-following CTAs, a favorable backdrop that also benefited Lynx Asset Management’s trend-following program. However, performance across the space, including at Lynx, could have been even stronger had the month ended a day earlier, before a sharp reversal in precious metals erased part of the gains accumulated earlier in the period.
The $6.4 billion systematic trend-following program managed by Lynx Asset Management delivered a...
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