Wed, Sep 3, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Barclay CTA Index gains 1.48% in August (est) 0.41% YTD

Wednesday, September 15, 2010
Opalesque Industry Update - Managed futures gained 1.48% in August according to the Barclay CTA Index compiled by BarclayHedge.

“Continued weakness in sales of US residential properties and high jobless claims teamed up to diminish investor risk appetites,” says Sol Waksman, founder and president of BarclayHedge.

“Global equity prices declined in both developed and emerging markets while the rally in bond markets continued. The yield on the 10-Year U.S. Treasury Note fell to 2.5 percent in August.”

Seven of Barclay’s eight CTA indices had gains in August. The Barclay Diversified Traders Index gained 2.36%, Systematic Traders rose 1.86%, Financial & Metals Traders were up 1.35%, and Agricultural Traders gained 0.94%.

“Although sharp declines across the energy sector drove the Reuters-CRB Commodity Index almost four percent lower in August, prices for precious and base metals as well as for grains were mostly higher,” says Waksman.

The largest managed futures traders performed especially well in August, pushing the Barclay BTOP50 Index up by 2.85%. This is the best monthly return for the BTOP50 Index since October of 2008.

Currency Traders were the only losing strategy this month, down 0.17% in August.

“Investors turning away from risk in the currency markets created treacherous cross-currents,” says Waksman.

“The US Dollar gained sharply against currencies perceived as weak, such as the Euro and the Canadian dollar, while losing significant ground to perceived safe havens such as the Yen and the Swiss Franc.”

(press release)

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. Study shows what resonates with investors: 'Unwavering', 'passionate' beats 'committed', 'dedicated' and more surprises[more]

    Komfie Manalo, Opalesque Asia: A new study by Pershing, a unit of BNY Mellon company, showed that an effective value proposition strengthens audience connections and fosters growth, yet many advisors have had little objective guidance in formulating such statements until now. In the study

  2. Legal – GE Capital and Petters-related hedge fund in legal battle, SEC sanctions Donald Brownstein's hedge fund over conflicts of interest[more]

    GE Capital and Petters-related hedge fund in legal battle From Startribune.com: A billion-dollar legal battle is brewing in Florida over who knew what and when about the decade-long Ponzi scheme operated by former Wayzata businessman Tom Petters. The bankruptcy trustee for two failed Flo

  3. Managed futures' global diversification is important in next phase of economic recovery[more]

    Komfie Manalo, Opalesque Asia: The global diversification provided by managed futures may prove to be extremely valuable as the markets enter the next phase of the economic recovery, said Campbell & Company, a pioneer in absolute return invest

  4. Comment – Why you should avoid the hottest hedge fund hands, Swedroe attacks Hussman over risk management, relative value strategy[more]

    Why you should avoid the hottest hedge fund hands FromCNBC/Yahoo.com: Investors who don't have money with Pershing Square Capital Management are likely salivating at the hedge fund's industry-leading 26 percent return from January through July. But investing with Bill Ackman and other to

  5. Ex-UBS prop trader's hedge fund Manikay Partners eyes UK launch[more]

    From eFinancialnews.com: Manikay Partners, a $1.7 billion US multi-strategy hedge fund set up in 2008 by a proprietary trader from UBS with backing from Goldman Sachs, is planning to open in the UK. New York-based Manikay's move into Europe comes after Financial News revealed on Monday that Aurelius