Sat, Sep 22, 2018
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

CTAs gain in April as U.S. sanctions against Russian oligarchs impact commodity prices

Wednesday, May 16, 2018

Komfie Manalo, Opalesque Asia:

The Barclay CTA Index posted a modest 0.23% gains in April with year-to-date performance still down at -1.42%, BaryclayHedge said in its latest report.

BarclayHedge founder and president Sol Waksman commented, "New US sanctions targeting Russian oligarchs pushed aluminum prices to six-year highs, while crude oil prices rose to their highest level in four years after threats of US withdrawal from the Iran nuclear deal stoked fears of increasing Mideast instability."

The Currency Traders Index gained 0.71% last month, while Discretionary Traders rose 0.63%, Diversified Traders added 0.24%, and the Systematic Traders Index jumped 0.07%.

"In spite of a profitable outcome for the month, it wasn't all smooth sailing," Waksman added. "April's turbulence in the grain complex was highlighted by mid-month price reversals, which created a challenging environment for momentum traders. Bullish positions in the British pound were profitable until mid-month, but once prices started to decline it quickly turned into a rout."

The Financials and Metals Traders Index lost 0.34% during the, and agricultural traders gave up 0.15%.

After four months in 2018, the Discretionary Traders Index has gained 2.93%, agricultural traders are up 1.96%, and currency traders have gained 1.43%.

The Diversified Traders Index is down 1.80% year to date, ......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. The incredible shrinking hedge fund, For hedge fund stars, being right in 2008 proved to be a curse[more]

    The incredible shrinking hedge fund From Bloomberg: You'd be forgiven for thinking the hedge fund industry might be starting to rebound. Industry assets are at a record $3.2 trillion this year, and a brand-new ?rm just brought in an unprecedented $8 billion. But the reality isn't so rosy.

  2. Investing: Fiat Chrysler attracts more investment from hedge fund manager[more]

    From Autonews: Chase Coleman's Tiger Global Management has invested more than $1 billion in Fiat Chrysler Automobiles after more than doubling its position in the automaker since the end of June. The U.S. fund becomes the fourth biggest investor in the Italian American company. Tiger Global inc

  3. SWF: Saudi Arabia's sovereign wealth fund raises $11bn loan with 15 banks[more]

    From Reuters: Saudi Arabia's sovereign wealth has raised an $11 billion loan from a total of 15 banks, the Maaal financial news website reported on Tuesday, citing unnamed sources. A source with direct knowledge of the matter told Reuters last month that the Public Investment Fund (PIF) will p

  4. Hedge fund billionaire spells out America's worst nightmare, Sir Michael Hintze: Response to global financial crisis elevated populism[more]

    Hedge fund billionaire spells out America's worst nightmare From SMH: Billionaire hedge fund manager Ray Dalio effectively spelled out what doomsday looks like for the US on live television. The founder of Bridgewater Associates predicted the US economy is about two years from a downtur

  5. Lehman's carcass has handed huge profits to distressed funds[more]

    From Bloomberg: It was a bold move: buy at Lehman Brothers's darkest hour. But a decade after Lehman's collapse, a handful of hedge funds that bought up the bank's debt for pennies on the dollar have made even more money than seemed possible. More than $124.6 billion has flowed to Lehman credi