Tue, Dec 6, 2016
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. M&A - AllianzGI to acquire Sound Harbor Partners, SS&C completes acquisition of Wells Fargo's Global Fund Services business[more]

    AllianzGI to acquire Sound Harbor Partners Allianz Global Investors (AllianzGI), an active investment manager, announced that Sound Harbor Partners, a US private credit manager led by Michael Zupon and Dean Criares, have agreed to join its fast-growing Private Debt Platform. Under the te

  2. Hunt for yield pushes more investors into riskier assets[more]

    From FT.com: Pension funds and insurance companies have increasingly embraced riskier assets in their hunt for higher returns over the past five years. Alternative assets such as property, infrastructure, private equity and hedge funds have been bought up by institutional investors in a world where

  3. People - Nectar Financial hires senior investment team, Texas A&M replaces retiring foundation investment chief, Ex-Cadwalader partner Woolery makes another sudden exit, How to become a Python coder at a top hedge fund, by the co-CTO of Man AHL[more]

    Nectar Financial hires senior investment team Nectar Financial AG, a Swiss financial technology company for wealth and asset management, has announced that it has hired two key senior leaders to spearhead its digital asset management efforts. The company also announced that it has entere

  4. Activist News - Cognizant has introductory discussion with activist investor Elliott; to review letter, Starboard Value makes huge investment in Hewlett Packard, Hedge fund calls for removal of First NBC Bank CEO[more]

    Cognizant has introductory discussion with activist investor Elliott; to review letter From Indiatimes.com: Cognizant said it had an introductory discussion with Elliott Management after receiving the activist hedge fund's letter asking for a board shakeup, a buyback, a dividend and chan

  5. Opalesque Exclusive: Ireland relaxes treatment of direct lending funds[more]

    Bailey McCann, Opalesque New York: The Irish Central Bank has relaxed its treatment of direct lending funds, according to a recently released