C8 Multi-Asset Global Opportunities August 2022 Monthly Report

In August, as the inflation viewpoint becomes established, the certificate was able to capture these moves, rebounding sharply to rise by 4.6% in the month.
BY JON WEBB

C8 Multi-Asset Global Opportunities August 2022 Monthly Report

The first few months of the Multi-Asset Global Opportunities certificate have been characterised by volatile markets with sharp trend reversals, as inflation concerns cause an unwinding of long-held positions. However, in August, as the inflation viewpoint becomes established, the certificate was able to capture these moves, rebounding sharply to rise by 4.6% in the month.

Looking at the component performance (see table below), systematic macro, rates and FX risk premia added to the overall gain, whilst commodity risk premia and equity ‘good governance’ had a negative impact. Note, the risk parity component has now been assigned a zero weight by C8’s proprietary Tactical Asset Allocation (TAA) algorithm.

The TAA is designed to adapt to changing trading environments, and we note the combined index has a strong long-term track record across many different market environments.

Other posts

Day Hagan/NDR Smart Sector® with Catastrophic Stop Strategy July 2023 Update

BY BRIAN SANBORN
Day Hagan/Ned Davis Research Smart Sector® with Catastrophic Stop strategy, model and allocations update. Read more →

C8 Weekly Bulletin:  Trend-following in Volatile Times – the C8 Way

BY JON WEBB
The first quarter of 2023 has been notable for its skittish financial markets. First, there was optimism that this year would prove calmer than 2022, followed by renewed concern about inflation and the impact of bond holdings in the US banking system. This culminated in the forced takeover of Credit Suisse at the weekend.  Traditional trend-following strategies performed strongly in 2022, but these rapid shifts in sentiment have proved more difficult to navigate. The SocGen CTA index is down 6% year-to-date, and down nearly 10% in the past week.    Here is the good news!  The C8 Global Active Futures index avoided this sell-off and remains up on the year.  Why the difference?  C8's proprietary allocation process selects from a wide range of trend and counter-trend strategies, and is responsive to volatility levels, so adapts more readily to changing market environments. Read more →

Don’t Expect Market Volatility to Go Away Anytime Soon

BY TEMATICA
Why investors will be hanging on Powell's Friday comments Read more →
Back to all posts →