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

Headline strategy indices

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