Mon, Jun 26, 2017
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. FinTech - Rise of robots: Inside the world's fastest growing hedge funds[more]

    From Bloomberg.com: Believe the hype. Quants have never been more popular. After doubling over the past decade, assets run by so-called systematic funds have hit a record $500 billion this year, according to estimates from Barclays Plc. In some ways, their meteoric rise is due to the same technolog

  2. Legal - Bond market concerns could scuttle Paulson's Fannie-Freddie plan[more]

    From Bloomberg.com: A hedge fund proposal for freeing Fannie Mae and Freddie Mac from U.S. control is poised to face stiff opposition from investors who say it risks wrecking the mortgage-bond market. The Moelis & Co. blueprint, which firms including Paulson & Co. and Blackstone Group LP sponsored,

  3. Other Voices: Are your pricing policies and procedures for less liquid instruments adequate?[more]

    Komfie Manalo, Opalesque Asia: The unrelated position mismarking incidents that quickly precipitated the closures of both Visium Asset Management and Marinus Capital have been recent focal points for market participants, but regulatory scrutiny of valuation choices for less liquid instruments is

  4. FinTech - AI hedge fund Numerai now live on Ethereum, Cryptocurrency hedge funds generate huge returns as bitcoin surges[more]

    AI hedge fund Numerai now live on Ethereum From Cryptoninjas.net: Back in February, Numerai announced numeraire (NMR), a cryptographic token to incentivize a new kind of hedge fund built by a network of data scientists. Earlier today, the Numeraire smart contract was officially deployed

  5. Investing - Advisors slash hedge fund positions, Theravance Biopharma is a top pick of investment guru Seth Klarman, As asset management industry grows a search for new revenue streams[more]

    Advisors slash hedge fund positions From Barrons.com: Financial advisors have cut wealthy clients' exposure to hedge funds by up to one third over the past 12 months, The Financial Times reports. Advisor firms in the FT's annual top-300 ranking have reduced their hedge fund allocation to