Sun, Dec 21, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Barclay Index CTA down 1.48% in January as 60% of CTAs start 2010 in the hole

Wednesday, February 17, 2010
Opalesque Industry Updates - Managed futures lost 1.48% in January according to the Barclay CTA Index compiled by BarclayHedge.
 
“Unanticipated appreciation of the US Dollar together with falling commodity and stock prices proved to be a toxic mix, resulting in January losses for 60 percent of CTAs,” says Sol Waksman, founder and president of BarclayHedge.

Six of Barclay’s eight managed futures indices lost ground in January. Diversified Traders fell 2.57%, Systematic Traders lost 2.25%, Financial & Metals Traders slid 0.24%, and Currency Traders were down 0.22%. “Continued concern that the recovery will be W-shaped rather than V-shaped weighed heavily on equity prices,” says Waksman.

“Price declines for industrial metals, energy, and commodity-linked currencies all stemmed from a more pessimistic outlook for the economy.”

The only bright spot was the Barclay Agricultural Traders Index, which gained 1.69% in January.

“In spite of a bearish mid-month USDA production report, Agricultural Traders were able to end the month on the plus side,” says Waksman.

The Barclay BTOP50 Index, which monitors performance of the largest traders, was down 1.56% in January. Full performance table available: here. kb

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 - Big hedge funds win again on PetSmart, Riverbed, RBS sells real estate loans to hedge fund Cerberus, Talisman energy speculation: Which hedge funds could benefit?[more]

    Big hedge funds win again on PetSmart, Riverbed From CNBC.com: Another week, another set of wins for activist investors. On Sunday, pet supply retailer PetSmart agreed to the largest leveraged buyout of the year at $8.7 billion. Hedge fund firm JANA Partners had been pushing for a sale a

  2. Outlook - Hedge fund manager who remembers 1998 rout says prepare for pain, Bond guru Bill Gross predicts U.S. economic growth to dip to 2%[more]

    Hedge fund manager who remembers 1998 rout says prepare for pain From Bloomberg.com: Stephen Jen landed in Hong Kong in early January 1997 as Morgan Stanley’s newly minted exchange-rate strategist for Asia. He was soon working around the clock when investors began targeting the region’s

  3. Investing - Hedge funds get boost from healthcare in 2014, Paulson & Co takes stake in Salix on heels of inventory issues[more]

    Hedge funds get boost from healthcare in 2014 From Valuewalk.com: The healthcare sector started the year on a turbulent note, as stocks of many major biotechnology companies were battered. However, most of the players in this sector have bounced back. The BarclayHedge Healthcare & Biotec

  4. Opalesque Exclusive: U.S. legal receivables fund launched in August[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: Investing in asset-backed receivables is a strategy that has been an integral part of the alternative investment space within the overall fixed income asset c

  5. Comment - High fees and low performance hit hedge funds[more]

    From FT.com: Disenchantment over high fees and lackluster performance may finally be turning the tide against hedge funds, fresh data suggest. Despite generally weak returns since the global financial crisis, hedge funds have enjoyed positive net inflows every year since 2010. This helped assets und