Thu, Mar 5, 2015
A A A
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.

Source

(press release)

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. Outlook - Philippe Jordan predicts 'alternative beta' to displace hedge funds, Stan Druckenmiller says Europe, Japan stocks will outpace U.S.[more]

    Philippe Jordan predicts 'alternative beta' to displace hedge funds From Investordaily.com.au: The disappointing performance of hedge funds in recent years is a result of "too much money chasing too little alpha", argues Capital Fund Management. Speaking to InvestorDaily, CFM partner Phi

  2. Investing - Seth Klarman of Baupost outlines his investment process as major stock market indices are stretched, Myriad hedge fund sold bulk of its Alibaba stake last year[more]

    Seth Klarman of Baupost outlines his investment process as major stock market indices are stretched From Valuewalk.com: As hedge fund manager Seth Klarman, leader of the $28 billion Baupost Group, reviews 2014 performance and considers investors gained near 7 percent on the year, he cons

  3. Investing - As rig count falls, hedge funds pile into long crude futures, Parus tactically shifts long/short exposure ratios, Mario Draghi outflanking Kuroda as bearish euro bets surge, Prime Capital’s 500.com bet derailed after 41% drop[more]

    As rig count falls, hedge funds pile into long crude futures From 247wallst.com: In the week ended February 27, the total number of rigs drilling for oil in the United States came in at 986, compared with 1,019 in the prior week and 1,430 a year ago. Including 281 other rigs mostly drill

  4. Opalesque Exclusive: dbSelect’s top ten FX strategies average almost 10% in January[more]

    Benedicte Gravrand, Opalesque Geneva: In one of Deutsche Asset & Wealth Management (AWM)’s hedge fund platforms, called dbSelect, a number of FX Strategies did very well in January. dbSelect is a managed investment platform for unf

  5. Opalesque Exclusive: SEC’s Mark J. Flannery warns hedge funds against valuation misconduct[more]

    Komfie Manalo, Opalesque Asia: Securities and Exchange Commission chief economist and director of Division of Economic and Risk Analysis (DERA) Mark J. Flannery has warned of the risks posed by market misconduct, particularly in the true valuation of assets by hedge fund managers. In his