Tue, Sep 16, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Barclay CTA Index +0.09% in July on weakened dollar (-0.91% YTD)

Wednesday, August 18, 2010
Opalesque Industry Update - Managed futures gained 0.09% in July according to the Barclay CTA Index compiled by BarclayHedge. Year-to-date, the Barclay CTA Index has lost 0.91%.

“As market participants moved from a risk-avoidance posture to a more risk-seeking strategy in July, many traders were caught on the wrong side of a rally in global commodities,” says Sol Waksman, founder and president of BarclayHedge.

“Even with the negative impact of commodity losses on portfolio returns, July provided its fair share of profitable trades for CTAs.”

“The rally in wheat amid fears of shortages in Russia captured the attention of the press and drove prices 30 percent higher. If you got the wheat trade right, then it was a very good month.”

Six of Barclay’s eight managed futures indices had a positive return in July. Currency Traders gained 0.64%, Discretionary Traders were up 0.52%, Agricultural Traders gained 0.51%, and Financial & Metals Traders rose 0.31%. “The continuing rally in bond prices and an across-the-board weakening of the US Dollar against G-10 currencies during July provided profitable trend trading opportunities for portfolios invested in those sectors, ” says Waksman. The Diversified Traders Index lost 0.17% in July. The Barclay BTOP50 Index, which monitors performance of the largest traders, was down 0.77% in July.

Source

kb

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
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. Investing - Big hedge funds show interest in Alibaba, Maglan joins other hedge funds in rush to Argentinian assets[more]

    Big hedge funds show interest in Alibaba From Hereisthecity.com: …Three other major hedge fund investors who have shown interest in the IPO are Dan Loeb of Third Point, David Tepper of Appaloosa Management and Dan Benton of Andor Capital Management. All three were among the roughly 800 p

  2. Investors looking at other sources for hedge fund-like returns[more]

    Komfie Manalo, Opalesque Asia: Investors who are always on the lookout for higher gains are looking at alternative sources of income, particularly exchange-traded fund industry that generates hedge fund-like returns, according to

  3. …And Finally – Immature[more]

    From Newsoftheweird.com: Princeton University professor John Mulvey, 67 (who teaches financial engineering applications), was charged in July with stealing 21 yard signs around the town of Princeton -- signs for a computer repair business owned by a man with whom he was feuding. Nathan McCoy,

  4. Investors move capital out of Scotland ahead of referendum[more]

    Benedicte Gravrand, Opalesque Geneva: Ahead of Scotland’s independence referendum on September 18, asset managers, investors and pension savers are moving billions of pounds out of the country,

  5. Indices - Greenwich Global Hedge Fund Index up 1.57% in August (+4.22% YTD), Eurekahedge Hedge Fund Index rebounds in August gaining 1.36% (4.22%), Lyxor Hedge Fund Index was up 0.9% in August (YTD +1.7%)[more]

    Greenwich Global Hedge Fund Index up 1.57% in August (+4.22% YTD) The Greenwich Global Hedge Fund Index ended the month of August up +1.57%. Equity markets were up in August with the MSCI World Index up +2.00%. This was primarily driven by the performance of the S&P 500 which was up +4.