Wed, Mar 21, 2018
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Barclay CTA Index -0.41% in January, most CTAs start 2011 in the red

Wednesday, February 16, 2011
Opalesque Industry Update - Managed futures started the year with a 0.41% loss in January according to the Barclay CTA Index compiled by BarclayHedge.

“The chief drivers of CTA performance in January were an improving economic outlook and geo-political uncertainty in the Middle East,” says Sol Waksman, founder and president of BarclayHedge.

“Unfortunately for investors, the impact of these opposing forces had disparate regional effects and created difficult crosscurrents for managers.”

All eight of Barclay’s CTA indices started 2011 in the red. The Barclay Agricultural Traders Index lost 1.02% in January, Currency Traders were down 0.68%, Financial & Metals Traders lost 0.39%, Systematic Traders slid 0.40%, and Diversified Traders were down 0.34%.

“Although equity markets in developed countries responded positively to upbeat economic forecasts, investors in developing nations worried about inflation pressures and monetary tightening,” says Waksman.

“And although bond prices declined in the US, investors decided that the improved outlook would result in a decline in business defaults and consequently bid up prices for High Yield debt securities.”

The Barclay BTOP50 Index, which measures performance of the largest CTAs, lost 1.11% in January.


(press release)


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. John Paulson, once the industry's largest hedge fund, to return some investors' money[more]

    Komfie Manalo, Opalesque Asia: John Paulson is reported to be retuning some of his investors' money as a number of his hedge funds continue to suffer setbacks, reports

  2. DoubleLine's Gundlach sees U.S. 10-year Treasury yield rising, weighing on stocks[more]

    From Reuters/ Jeffrey Gundlach, the chief executive of DoubleLine Capital and known on Wall Street as the "Bond King," said on Tuesday the yield on the U.S. 10-year Treasury note will likely move higher and pressure riskier assets including equities and junk bonds. Gundlach, on an

  3. SEC charges Theranos CEO Holmes with fraud[more]

    Bailey McCann, Opalesque New York: The SEC has charged Elizabeth Holmes, founder and CEO of Theranos and its former President Ramesh "Sunny" Balwani with raising more than $700 million from investors through an elaborate, years-long fraud in which they exaggerated or made false statements about t

  4. Institutional Investors - Overdrawn pension fund scores gains[more]

    From Investments in big banks, pawn shops and rolling papers helped boost public safety workers' underfunded pensions this past calendar years, according to newly released figures. After recording middling returns in recent years, the Police & Fire Pension Fund (P&F) notched

  5. Hot hedge fund loses 21% after bet on volatility goes wrong[more]

    From In December, Shahraab Ahmad shared with his hedge fund clients the principle that helped him trounce peers for two turbulent decades: steer clear of the crowd. He'd turned $50 million into an operation with more than $700 million over three years and delivered market-beating retu