Pivotal Point of View — February 2026

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Pivotal Point of View · February 2026

Pivotal Point of View — February 2026

Published March 2026 · Covers February 2026

Originally issued as March 2026.

The Composite rose 1.2% in February, leaving it up 3.2% for the year on a Q1 of +0.8%. Managed Futures led at +3.1%; Credit lagged at +0.2%.

+1.2%Composite, February
+3.2%Composite, year to date
+0.8%Composite, Q1
Managed FuturesLeading strategy

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Headline strategy indices

Strategy February Year to date
Managed Futures +3.1% +7.0%
Global Macro +1.8% +5.0%
Volatility Trading +1.3% +2.6%
Equity Diversified +1.2% +3.4%
Multi-Strategy +1.1% +3.0%
Equity Sector +1.0% +2.4%
Event Driven +0.8% +2.3%
Equity Quant +0.8% +0.1%
Credit +0.2% +1.3%

Net of fees, in USD. The Composite plus the nine headline indices with a published monthly series; ordered by month return.

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