Managed Futures in the Institutional Portfolio
Epstein, Charles B
Futures markets can no longer be considered a high-risk alternative, only suited to the most aggressive investors. The $500 million under management in private and public managed futures funds in 1980 has grown quietly but exponentially to $20 billion today, with major pension funds, banks, and corporate players heavily committed. But, if you wanted to follow their trail you'd have to pick up what information you could find in newsletters, art...