Interview with Managed Futures Manager

In Europe, managed futures funds have 20% of the assets under management for hedge funds.  In 2008, the strategy was the only one with positive returns.  There is an interview with Philipp Polzi of Qbasis, a fund with a return of 145% since 2008, on www.finalternatives.com.  Qbasis uses trend following and countertrend trading strategies within the fund.  It has a proprietary signal called early trend recognition to identify trades.  The manager has $50 million in AUM and can handle $2 billion before hitting capacity restraints.  His last comment is that the growth of managed futures means that investors believe in the performance of the strategy in the future.  But how much of that is money chasing after recent performance?