| 20.11.2012 Barclay CTA Index down 1.74% in October (-1.36% YTD); 70% of managers end month with a loss |
| Opalesque Industry Update: Managed futures lost 1.74% in October according to the Barclay CTA Index compiled by BarclayHedge. The Index now has a negative return for the year with an overall loss of 1.36%. “October was a difficult month for most CTAs with roughly 70 percent of managers recording losses,” says Sol Waksman, founder and president of BarclayHedge. “Commodity markets moved sharply lower, interest rates whip-sawed, equity prices were strong early on only to lose ground later in the month, and unanticipated easing by the Bank of Japan resulted in a 2.3 percent decline of the Japanese Yen against the US Dollar.” All eight of Barclay’s CTA indices had losses in October. The Diversified Traders Index dropped 2.71%, Systematic Traders lost 2.29%, Agricultural Traders were down 0.92%, and Financial & Metals Traders gave up 0.86%. The Barclay BTOP50 Index, which measures performance of the largest CTAs, lost 2.36% in October. Year to date, Agricultural Traders are up 6.85%, Discretionary Traders have gained 1.99%, and Currency Traders have a 0.85% return. On the negative side of the ledger, Diversified Traders are down 3.43%, Systematic Traders have lost 3.03%, and the Financial & Metals Traders Index is down 2.67%. Press Release BM |