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Managed Futures
Sigma Advanced Carbon Neutral Alpha Program Reports Its January 2024 Results
January 2024 - Managed Futures
The Carbon Neutral Alpha Program (CNA) is an absolute return program specialized on carbon markets including carbon allowances and emission offsets futures. It develops a risk-adjusted portfolio of the most liquid futures of the Compliance Carbon Allowances (EUAs, UKAs) and Voluntary Carbon offsets (GEO, NGO) contracts, which it seeks to outperform in different market environments and economic cycles. The program applies directional, spread, and relative value strategies based on a Quanta-Mental