Campbell opens non-trend programs to investors

Prism has profited in choppy markets

One of the oldest commodity trading advisers (CTAs) in the US is posting industry-leading returns with a suite of new strategies.

Campbell & Company’s Prism portfolio, which was opened to outside investors on April 1, is up around 20% year-to-date, Hedge Funds Review has learned.

The non-trend strategies that comprise Prism have performed well at a time when many of Campbell’s trend-following peers have struggled to generate positive returns.

The BTOP 50 index from BarclayHedge, which tracks the