Strategic Heat Map by Kettera - September 2020 Edition
In the financial world, September saw a mix of results for various investment strategies. One of the standout performers was Quant Macro programs, which managed to outperform benchmarks, according to Kettera Strategies, a New York-based quantitative macro hedge fund.
While specific performance details for Kettera Strategies’ quant macro programs during September 2021 are not widely available in open sources, the fund is known for its diverse investment approach, spanning across multiple asset classes such as equities, fixed income, currencies, and commodities.
Style baskets, non-investible products or index products, were created by Kettera Strategies for research purposes to track the category of programs on the Hydra Platform. These baskets helped in understanding the performance of different categories of Quant Macro programs.
Programs with a heavy commodities focus proved to be the winners in September. Grains rallied strongly on the last day of the month, despite lower than estimated stocks. This commodities-heavy focus contributed to the overall success of Quant Macro programs.
On the other hand, Systematic Trend Programs experienced moderate negative returns due to positioning in FX and industrial commodities. Short-term programs and high frequency traders also had varied returns during this period, with performance depending on chosen trade duration and market sector.
Benchmark sources such as the Hedge Fund Intelligence Global Macro Index, HFI Currency Index, Societe Generale Trend Index, SG CTA Index, Eurekahedge AI Hedge Fund Index, and the S&P GSCI Metals & Energy Index, among others, were used to compare the performance of Quant Macro programs.
The S&P GSCI Ag Commodities Index and the CBOE Eurekahedge Relative Value Volatility Hedge Fund Index were also highlighted as key benchmarks.
Agricultural Commodities Specialists were the outperformers of the month, a trend that was reflected in the success of Quant Macro programs.
In addition, a blend of the BarclayHedge Equity Market Neutral Index with the Eurekahedge Equity Mkt Neutral Index was discussed, offering insights into the performance of Equity Market Neutral strategies during September.
The Eurekahedge-Mizuho Multi-Strategy Index and the Barclay Crypto Traders Index were also mentioned, providing a broader perspective on the overall market performance.
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In conclusion, September 2021 saw Quant Macro programs outperform benchmarks, with a focus on commodities proving to be a key factor in their success. However, for precise performance details, official investor reports or regulatory filings would be the most reliable sources.
Investing in technology-driven Quant Macro programs might have been a profitable strategy in September 2021, given their focus on commodities and subsequent success in outperforming benchmarks. For individuals seeking specific details about Kettera Strategies' Quant Macro program performance during this period, official investor reports or regulatory filings would offer the most accurate data.
