PT - JOURNAL ARTICLE AU - Fernando Diz TI - CTA Survivor and Nonsurvivor AID - 10.3905/jai.1999.318918 DP - 1999 Jun 30 TA - The Journal of Alternative Investments PG - 57--71 VI - 2 IP - 1 4099 - https://pm-research.com/content/2/1/57.short 4100 - https://pm-research.com/content/2/1/57.full AB - Research on managed futures performance continues to debate the impact of survivor bias on commodity trading advisor performance (CTA). In the first part of a two-part article, the actual performance of survivor and nonsurvivor samples is analyzed. The empirical evidence suggests that survival is associated with performance but that performance is not necessarily associated with survival. As a result, ignoring survival issues in the selection of managed futures programs may result in reduced performance. In the follow-up article in the next issue, actual models of survival potential are discussed and presented.