Tue, Jun 27, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Managed futures hold ground in November, Barclay CTA Index up 0.11% (-3.09%)

Friday, December 16, 2011
Opalesque Industry Update – Following a 1.50% drop in October, managed futures gained 0.11% in November according to the Barclay CTA Index compiled by BarclayHedge. Year-to-date, the Index remains down 3.09%.

“In spite of a gut-wrenching reversal from risk-off to risk-on in the last three days of the month, CTAs were mostly in the black at month-end,” says Sol Waksman, founder and president of BarclayHedge.

Six of Barclay’s eight CTA indices were profitable in November. The Currency Traders Index gained 1.09%, Discretionary Traders were up 0.28%, Financial & Metal Traders gained 0.23%, and Systematic Traders added 0.09%.

“For much of November the US Dollar gained ground against most other currencies based on its perceived ‘safe-haven’ status,” says Waksman.

On the losing side in November, Diversified Traders were down 0.29%, and Agricultural Traders slipped 0.07%.

“Commodity markets traded lower as measured by a nearly two percent decline in the Reuters/CRB Index,” says Waksman. “Prices for gold and crude oil bucked the trend and rose during the month.”

The Diversified Traders Index is down 5.36% year-to-date. 2011 will be only the third losing year for Diversified Traders versus 22 years of gains since BarclayHedge began tracking their performance in 1987.

The largest CTAs, as measured by the Barclay BTOP50Index, gained 0.06% in November. The BTOP50 is now down 4.02% in 2011.

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

(press release)

BarclayHedge was founded in 1985 and actively tracks more than 6,100 hedge funds, funds of hedge funds, and managed futures programs. Each month Barclay provides updated performance rankings for 38 Hedge Fund categories, 16 CTA categories, and 7 UCITS categories. Performance tables: Source

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. 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,

  2. 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

  3. 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

  4. 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

  5. Investing - U.S. hedge fund in anonymous bet against Tesco shares, Hedge funds made repeated attempts to invest in Veneto banks, Steve Cohen's Point72 takes stake in struggling electronics retailer Conn's, Hedge fund Excalibur bets Riksbank will tighten by end of year[more]

    U.S. hedge fund in anonymous bet against Tesco shares From FT.com: A $20bn New York hedge fund is using an offshore shell company to anonymously bet against the shares of the UK supermarket Tesco, raising fresh questions over the efficacy of European short selling disclosure rules.