Trend-following hedge funds rebound in “fantastic” February Submitted By Hugh Leask | 06/03/2021 - 8:06am Managed futures hedge funds and short-term trading strategies have rebounded strongly in recent weeks, with each of Société Générale’s three main CTA and trend-following indices finishing February in positive territory. This segment of the hedge fund industry – which trades on market trends across a selection of asset classes, including equities, bonds, commodities and currencies, typically using computer-based algorithms – had earlier suffered losses in January.