Managed future specialists, also known as commodity trading advisors, have had a reality check this month after turning in a stellar performance in 2014.

The CTA Broad Index, which is published by the Lyxor Asset Management managed account platform, lost 2.3% over the month to February 10, compared with losses of 0.5% across the wider Lyxor Hedge fund Index covering a range of strategies, according to a Lyxor research note on Monday. Lyxor's managed account platform covers around 100 managers.