Crown Managed Futures, the flagship CTA/macro multi-manager programme of LGT Capital Partners, is celebrating its tenth anniversary this year.

Since inception the programme has generated an annual net return of 9.5 per cent compared to -2.0 per cent for the MSCI World Hedged USD Price Index.

Thomas Weber, partner at LGT Capital Partners, says: “In addition to excellent overall performance, CMF has delivered impressive downside protection, particularly during the two bear markets of 2000-2003 and 2007-2009, where it returned 28.6 per cent and 21.7 per cent, respectively. This, combined with high liquidity, full position transparency and an experienced, stable team is truly a reason to celebrate ten years of investment success.”

Launched in October 2000, CMF is one of the world’s oldest CTA/macro multi-manager managed account programmes. With USD1.5bn (trading level) of allocated assets it is also one of the world’s largest.