Sat, May 28, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Barclay CTA Index lost 0.91% in March (-0.39% YTD) as world events create turmoil in futures markets

Wednesday, April 20, 2011
Opalesque Industry Update – Managed futures lost 0.91% in March according to the Barclay CTA Index compiled by BarclayHedge. Year-to-date, the Barclay CTA Index is down 0.39%.

“Perilous crosscurrents wrought by devastation in Japan, unrest in the Middle East, and higher headline inflation generated turmoil in futures markets,” says Sol Waksman, founder and president of BarclayHedge.

Four of Barclay’s eight CTA indices had negative returns in March, while four indices had gains. The Barclay Diversified Traders Index fell 1.71%, and Systematic Traders were down 1.56%.

“The fallout from mid-month trend reversals in capital and commodity markets hit diversified trend followers harder than other sectors.”

On the positive side, Discretionary Traders gained 0.83%, Agricultural Traders were up 0.73%, and Currency Traders gained 0.59%.

“There was no respite for a declining US dollar as the ECB clearly signaled its inflation concerns and intentions to raise rates,” says Waksman. “Currency traders have been able to profit from this ongoing trend.”

The Barclay BTOP50 Index, which measures performance of the largest CTAs, lost 1.59% in March, and is down 2.39% for the year.

Click here to view 30 years of Barclay CTA Index data.

Bg

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. Performance - Hedge fund ETFs take a battering, Have long-short credit funds delivered?[more]

    Hedge fund ETFs take a battering From ETFStrategy.co.uk: It was a blow for the hedge fund world when Hillary Clinton’s son-in-law Marc Mezvinsky announced he would be closing his Greek-focused fund after it plummeted in value by 90%, just two years after it launched. For passive investor

  2. Ares Capital to buy American Capital in $3.4 billion deal[more]

    From PIOnline.com: Ares Management's business development company Ares Capital Corp. is buying troubled BDC American Capital for $3.43 billion, said a joint news release by the BDCs and another release by Ares Management. Ares Capital Corp.'s assets are expected to grow to about $13.2 billion when t

  3. Launches - Man Group and American Beacon launch new emerging debt fund, Nikko AM launches new Japan equity UCITS fund[more]

    Man Group and American Beacon launch new emerging debt fund American Beacon Advisors, an experienced provider of investment advisory services to institutional and retail markets, launched the American Beacon GLG Total Return Fund today. The Fund became effective May 20. The America

  4. Emerging markets hedge funds perform strongly, but capital base erodes[more]

    Komfie Manalo, Opalesque Asia: Latin American Emerging Markets and Russian hedge funds lead industry gains in the first months of 2016, posting strong performances through April as global and EM equity, commodity and currency markets surged in recent weeks following steep losses to begin the year

  5. Americas - Australian banks sending U.S. hedge funds broke, Ryan Puerto Rico ‘rescue’ bill could be windfall for hedge funds[more]

    Australian banks sending U.S. hedge funds broke From SMH.com.au: US hedge funds are not having the best of years. Profits are hard to find, they're underperforming and the punters are losing patience, withdrawing US$15 billion ($20.8 billion) in the March quarter. They're expected to wit