Are these really top 10 largest CTAs? http://www.opalesque.com/OFI1204/Top_Ten_Largest_CTA815.html Q Largest CTA Firms We asked veteran investor Richard Bornhoft, head of Equinox Fund Management and The Bornhoft Group, for his selection of top commodity trading advisors. He provided a list - not a ranking - of the largest CTA firms in the world. We've added comments. Winton and QIM are components of the MutualHedge Frontier Legends Fund managed by Mr. Bornhoft - see Inside Talk and Regulator. Earlier this year we published a similar list chosen from the components of the Altegris 40 index - the Top Ten in Opalesque Futures Intelligence January 7, 2010. Most of the names are the same as in that ranking, but not all. Firm >>> Comment Man AHL >>> See interview with chief executive Tim Wong in Opalesque Futures Intelligence, February 24, 2009. BlueCrest >>> Owned 25% by Man Group, assets are around $15.5 billion. Bridgewater >>> Total company assets are approximately $88 billion, but that includes all investments, not just futures trading. Winton >>> Assets were reported as $13.7 billion as of July 2010. Transtrend >>> A subsidiary of Robeco Groep, with $9 billion under management (including notional funds). FX Concepts >>> Assets were reportedly $8 billion as of August 2010. Graham Capital >>> See interview with manager Ken Tropin in Opalesque Futures Intelligence, March 10, 2009. Quantitative Investment Management (QIM) >>> Assets were reportedly $5 billion as of February 2010. Aspect >>> See interview with manager Martin Lueck in Opalesque Futures Intelligence, February 10, 2009. Brummer & Partners >>> The managed futures program assets were around $2 billion earlier this year. The firm has other funds. UQ