Managed Futures | MAR 1999
A Rationale For Managed Futures by Charles R. Lightner
A Rationale For Managed Futures by Charles R. Lightner Although the futures markets are widely misunderstood even among knowledgeable investors, they serve a critical purpose in our economy; through the managed futures industry, they provide an important investment opportunity for both institutions and individuals, and they need not expose the investor to unreasonable levels of risk. Stocks, bonds, and real estate are the largest and best-known types of investments in our economy. They have distinctly different investment characteristics, and each has a specific effect on an investment portfolio. Over the past 20 years, the products of the managed futures industry, which invests in the global futures markets, have also been shown to have unique, important, and beneficial effects when added to investment portfolios. Managed futures may represent the smallest of the alternative asset classes, but its characteristics are becoming better and better known and its value in an investment portfolio is becoming increasingly clear. Here’s a brief look at why managed futures perform as they do and how they can be understood in the context of the economic purpose served by the futures markets.
by Charles R. Lightner
Technical Analysis of STOCKS & COMMODITIES
The Traders’ Magazine since 1982
has had over 1,226,237 subscribers from 174 different countries.
37,000 Page Traders’ Archive for $89.99
To continue reading, sign-up for trial access to Traders.com and the S&C Archive — 37,000 pages of trading ideas!
After verifying your email address, you will have limited access to the S&C Archive, as well as access to a Digital Edition of S&C, and access to Traders.com Advantage and Working Money for 30 days.
Not a subscriber to Technical Analysis of
STOCKS & COMMODITIES magazine?
Click
here to subscribe, or request
a trial subscription.
Log-in now to view articles from the S&C Archive.
Your Subscriber ID is located at the top of your magazine label, highlighted here in red.
Your last name can be found on the second line, highlighted here in blue.
*If you have a company name on the label, that can also be used. It will appear below your name on the label.
If you do not have a Subscriber ID on your label, you can find it on your statement or renewal form.
For help locating your Subscriber ID number, please call us at 1-800-832-4642 or send an email to Survey@Traders.com. If sending an email, please include your name and mailing address.