Wed, Aug 24, 2016
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. Opalesque Exclusive: Algorithms platform aims to target typical challenges found in quantitative hedge funds[more]

    Benedicte Gravrand, Opalesque Geneva: Last month, Quantopian received investments from Point72 Ventures, the new venture capital arm of Steven Cohen’s Point72 Asset Management.

  2. LatAm hedge funds surge in 1H to +24.4%, emerging markets assets rise[more]

    Komfie Manalo, Opalesque Asia: Hedge funds investing in Latin America posted strong gains through mid-2016, reversing declines in four of the past five years, including the last three years, to lead all areas of hedge fund performance through the first half of 2016, according to the latest HFR Em

  3. Opalesque Roundtable: Low and high fee investments often better than mid fee hedge funds[more]

    Komfie Manalo, Opalesque Asia: Hedge funds that charge the low and high fees stuff often provide better returns than "those sort of mid-fee investments", said Keith Haydon, chief investment officer of Man FRM. (Alternative) investment managers who charge high fees would often provide the most int

  4. Hedge fund investors pull $5.7 billion in July[more]

    From Bloomberg.com: Hedge funds suffered a third consecutive month of outflows in July as investors withdrew $5.7 billion, according to industry tracker Eurekahedge. Redemptions totaled $20.7 billion in the three months through July, with money managers betting on equities suffering $18.4 bill

  5. …And Finally - Police contact Catholic Church after baffling ‘poltergeist’ report[more]

    From Telegraph.co.uk: Police officers in Scotland have called in representatives from the Catholic Church after investigating reports of “disturbing incidents” of a "poltergeist" at a family home. A mother and her teenage son were said to be “extremely distressed” after experiencing what the D