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Article: Best and the brightest. (10 top-performing commodity trading advisors and money managers in 1992) (Cover Story)
- Article from:
- Futures (Cedar Falls, IA)
- Article date:
- March 1, 1993
- Author:
CopyrightCOPYRIGHT 1993 Summit Business Media. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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1992 was a rough year for traders and money managers, especially in volatile markets like currencies. Still, some managers had a great year. Here are those standouts.
When you say "choppy" to a commodity trading advisor (CTA), the most likely reaction is a grimace.
But not for Loran Futures Inc. of Naples, Fla.
"Choppy markets made our day (in 1992). They worked beautifully for us," says John A. Marshall, president of Loran, the top performer in 1992 among CTAs with more than $10 million under management tracked by Barclay Trading Group Ltd. of Fairfield, Iowa.
Loran's reverse pyramiding approach -- and good money management -- produced a return ...