In June 2024, trend followers faced a challenging month marked by significant declines in key indices such as the SG Trend Index, SG CTA Index, and BTOP50 Index.

Despite a strong first quarter, the second quarter saw the end of several robust trends, particularly in commodities like cocoa and silver, and a correction in Bitcoin’s upward momentum.

Equities, though rising, did so with low volatility, failing to offset losses in other sectors.

This “quiet storm” of low volatility yet challenging conditions underscored the importance of adaptability, diversification, and robust risk management in trend-following strategies. Despite short-term setbacks, long-term commitment to disciplined, well-structured models remains essential for navigating such turbulent times.

The report highlights the resilience of diversified trend-following strategies, the importance of adaptive models, and the need for a long-term perspective in overcoming market fluctuations.

Click on this link to access the full report.