The Growth Of The CTA Industry & Capacity Of Futures Markets: Addendum by Winton Capital Management Abstract: We provide updates to two research briefs written at the start of 2014, ‘The Growth of the CTA Industry’ and ‘Capacity of Managed Futures’, showing how managed futures’ assets under management and market volumes have developed since then. We find that neither the assets managed by CTAs nor the total dollar volumes in futures markets have changed significantly, leaving the conclusions from earlier research unchanged. The Growth of the CTA Industry In the Figure below we update our estimate for the CTA industry size by amending estimates calculated by BarclayHedge. As before, our main adjustment to the BarclayHedge estimate... More