Tue, Feb 9, 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. Investing - Avenue Capital's Marc Lasry: We like European bank loans, Comment: A bunch of hedge fund managers are chasing the 'dream of crushing a major structural problem'[more]

    Avenue Capital's Marc Lasry: We like European bank loans From CNBC.com: European banks are under immense pressure, but at least one prominent hedge fund has found what it thinks is a good opportunity in the wreckage. Marc Lasry, co-founder and chief executive of hedge fund Avenue Capital

  2. Credit Suisse cherry picks hedge fund ideas[more]

    From FT.com: Credit Suisse Asset Management plans to cherry pick profitable concepts from hedge funds with the launch in Europe of a “best ideas” strategy. The investment arm of the Swiss bank said the strategy will separate it from other funds blighted by “overcrowding problems”. It comes at a time

  3. Investing - Hedge funds bet on risks in U.S. blue-chip debt, Hedge funds bets against bank credit risk paying off, Tiger Global still likes Internet names, gets pointers from Jeter[more]

    Hedge funds bet on risks in U.S. blue-chip debt From WSJ.com: Hedge funds are betting the next bond sector to crack will be the $4.5 trillion market for the safest U.S. corporate debt. New York’s Perry Capital has placed a $1 billion wager against investment-grade bonds issued by 10 comp

  4. Short Selling - Hedge fund manager Kyle Bass is shorting real estate—again, Top US hedge fund has €80m short position in Paddy Power Betfair[more]

    Hedge fund manager Kyle Bass is shorting real estate—again From Fortune.com: He also predicted the mortgage crisis in 2008. Hedge fund manager Kyle Bass, who runs Dallas-based Hayman Capital, tanked the stock of a little-known real estate financier Friday by revealing that he is shorting

  5. HFRU Hedge Fund Composite Index down -2.58% in January[more]

    Global financial markets posted sharp losses in January led by declines in Oil and global equities, though steep intra-month losses in both were narrowed by strong gains in final trading days of the month. Global equities posted steep declines for the month led by Biotechnology, Energy, Financial, E