Fri, Jun 23, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Barclay CTA Index slides 0.54% in September (-3.13% YTD), as reversals in oil and bonds produce trading losses

Wednesday, October 16, 2013
Opalesque Industry Update - Managed futures lost 0.54% in September according to the Barclay CTA Index compiled by BarclayHedge. The Index is down 3.13% after three quarters in 2013.

“While the US Fed’s surprise decision not to begin ‘tapering’ boosted prices in most major asset classes, the one exception was commodity prices, which declined 2.6 percent based on the DJ UBS Commodity Index,” says Sol Waksman, founder and president of BarclayHedge.

Six of Barclay’s eight CTA indices had negative returns in September. The Diversified Traders Index lost 0.94%, Systematic Traders were down 0.53%, Currency Traders gave up 0.19%, and Discretionary Traders slipped 0.14%.

“The long positions in oil and short bond positions that contributed to August gains for CTA portfolios became the main source of losses in September as both markets reversed direction,” says Waksman.

The Barclay Agricultural Traders Index had another positive month gaining 0.25%, and Financial & Metals Traders were up 0.28%.

The Barclay BTOP50 Index, which measures performance of the largest CTAs, had its fifth straight monthly loss with a 0.42% negative return. The BTOP50 is down 2.28% for the year.

Year to date, Agricultural Traders have gained 2.07%, and Currency Traders are up 0.32%.

Year to date, the Diversified Traders Index has lost 4.37%, Systematic Traders are down 2.78%, Financial & Metals Traders have lost 0.87%, and Discretionary Traders are down 0.45%.

Click here to view 33 years of Barclay CTA Index data.

Press release

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. Comment: For emerging market debt, a sustainable recovery[more]

    Matthias Knab, Opalesque: Standish Mellon Asset Management Company writes on Harvest Exchange: After several difficult years, the outlook for emerging market debt (EMD) denomin

  2. J.P. Morgan Global Alternatives raises distressed shipping fund[more]

    From Institutionalinvestor.com: J.P. Morgan Global Alternatives has closed a $480 million fund to invest in distressed shipping assets, attracting capital from pensions, endowments and insurance companies. The firm, which has been investing in maritime for more than a decade, initially targeted $400

  3. 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

  4. 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,

  5. 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