Tue, May 30, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Barclay CTA Index gains 1.91% in October; equities and commodity prices drive CTA profits

Wednesday, November 17, 2010
Opalesque Industry Update - Managed futures gained 1.91% in October according to the Barclay CTA Index compiled by BarclayHedge. After three consecutive profitable months, the Index is now up 4.53% for the year.

“A depreciating US Dollar and rising prices for equities and commodities in October continued to drive CTA returns for the second month in a row,” says Sol Waksman, founder and president of BarclayHedge.

“Although QE2 has been harshly criticized at the recent G-20 meeting, judging by its stated objective to increase dollar flows into investments, the Fed's second round of quantitative easing seems to be working for the moment.”

All of Barclay’s eight CTA indices had gains in October. The Barclay Diversified Traders Index was up 3.25%, Agricultural Traders Index gained 3.18%, Systematic Traders rose 2.28%, and Discretionary Traders gained 1.47%.

“Strong gains in the commodity sector provided excellent opportunities for diversified traders,” says Waksman. "Prices for silver, sugar, coffee and cotton increased by double digits in October."

The Barclay Agricultural Traders Index has now gained 10.40% year-to-date.

“Fears of a crop shortage have propelled grain prices upward,” says Waksman. “Corn prices increased by 17 percent in October, while soybeans gained 11 percent.”

The Barclay BTOP50 Index, which monitors performance of the largest traders, rose 1.87% in October.

(press release)

Sol Waksman is an experienced media source, providing perspectives on hedge fund and managed futures trends. For more commentary or background, call 641-472-3456 or email swaksman@barclayhedge.com.

BarclayHedge was founded in 1985 and actively tracks more than 5,900 hedge funds, funds of hedge funds, and managed futures programs. Each month Barclay provides updated performance rankings for 38 Hedge Fund categories and 16 CTA categories.

Institutional investors, brokerage firms and private banks worldwide utilize Barclay’s data as performance benchmarks for the hedge fund and managed futures industries...Full press release: Source
KM

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 - China's HNA wants to invest in Value Partners, Risk parity investors reap rewards from rebalancing act, SoftBank's $100 billion tech fund rankles VCs as valuations soar[more]

    China's HNA wants to invest in Value Partners From Reuters.com: HNA Group has alighted on a logical, if pricey, target in Hong Kong. The deal-hungry Chinese travel conglomerate known for overpaying wants to invest in Value Partners, one of Asia's few sizeable independent asset managers,

  2. Opalesque Exclusive: Investors warm to ESG, but seek standardization[more]

    Bailey McCann, Opalesque New York: Asset managers and asset owners plan to double their investment in Environmental, Social and Governance (ESG) driven strategies over the next two years, according to a survey from BNP Paribas Securities Services. The report, "Great Expectations: ESG - what's nex

  3. Opalesque Roundtable: France's hidden strengths in AI and machine learning[more]

    Komfie Manalo, Opalesque Asia: All nations offer their strengths and weaknesses, but one that is undisputed is the quality of the French scientists, claimed Guillaume Vidal, co-founder of French technology startup Walnut Algorithms at the

  4. AI-based hedge fund brings machine learning investing to masses[more]

    Komfie Manalo, Opalesque Asia: Machine learning-based hedge fund firm Greyfeather Capital is trying to bring artificial intelligence investing to the masses with its plan to expand beyond the limited reach of the alternative investments space. "We're excited to bring AI technology to traditio

  5. Outlook - Iconic hedge fund manager Seth Klarman says investors are missing huge risks, Paul Singer warns of a world at risk[more]

    Iconic hedge fund manager Seth Klarman says investors are missing huge risks From Businessinsider.com: An iconic hedge fund manager says investors are misperceiving risks in the markets - at a time when markets are hitting historic highs. Baupost Group's Seth Klarman laid out his concern