Monthly Performance: -6.91%
YTD 2025: -1.51%
2024 Performance: +50.57%

February was marked by heightened market volatility, largely driven by renewed political uncertainty following President Trump’s latest decisions. While peer trend followers broadly struggled, Global Alpha Aggressive remained competitive within the category, closing the month at -6.91%, bringing the YTD figure to -1.51%.

Sector Breakdown:

  • Energy: Natural Gas rallied +25.95%, triggering medium-term long signals. Our repositioning has us aligned to potentially benefit from further upside.

  • Equities: Strong Eurozone markets supported our Euro Stoxx long (+1.18%), but broader weakness in US and Asia weighed on returns. Overall equity exposure posted a modest -0.67% drag.

  • Soft Commodities: A sharp correction in Cocoa (-17.96%) resulted in a -1.71% hit, despite risk-reducing position adjustments. Coffee contributed positively with +0.80%.

  • Livestock: The sector saw adverse movements, accounting for a -2.39% loss—the largest contributor to February’s downside.

Despite the monthly setback, we remain firmly committed to our systematic, probability-driven process. Drawdowns are part of any robust trend-following strategy, and we view these periods as essential precursors to the next opportunity cycle.

Recognition: We are proud to share that the Bowmoor Capital team & strategy has been shortlisted for Emerging Performance of the Year – Managed Futures/CTA at the Hedgeweek European Awards 2025. This nomination underscores the strength of our methodology and the consistency of our long-term results.

PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS.

Portfolio Composition

We invest in a diversified portfolio of 21 highly liquid futures markets in all 8 sectors across the globe: