Commodity trading advisers (CTAs), also known as managed futures funds, exist to exploit the phenomenon.

商品交易顾问，也叫做管理期货基金，就是靠利用这种现象生存的。

youdao

But the faltering performance of managed-futures funds last year shows that computer-driven strategies are far from perfect.

去年托管期货基金磕磕碰碰的表现显示出计算机驱动策略远不完美。

youdao

In 2008 managed-futures funds (the class into which AHL falls) returned an average of 18.2% while the typical fund of hedge funds lost 19.8%, according to Eurekahedge, a data provider.

根据数据供应商eurekahedge, 2008年托管期货基金(AHL属于此等级)平均收益率为18.2%，而典型对冲基金则损失了19.8%。

youdao

The same is true of managed futures strategies, though this needs a little explanation.

FORBES: Currencies For The Stock Investor

So with RYMFX as our proxy for managed futures, how attractive has the performance been?

FORBES: Nine Reasons To Just Say No To Managed Futures

Attain Capital Management, based in Chicago, is an introducing brokerage firm specializing in managed futures.

FORBES: This Investor Dodged The MF Global Bomb But Is Getting Burned By Peregrine