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

Barclay CTA Index down 0.69% in September (+0.51% YTD); 61% of managed futures traders take losses

Monday, October 15, 2012
Opalesque Industry Update:Managed futures lost 0.69% in September according to the Barclay CTA Index compiled by BarclayHedge. The Index remains up 0.51% year to date.

“A second month of rising equity prices generated profits for momentum-based managers, but losses in commodity and interest rates markets had a greater impact on portfolio returns in September,” says Sol Waksman, founder and president of BarclayHedge.

Seven of Barclay’s eight CTA indices had losses in September. The Barclay Agricultural Traders Index gave up 1.66%, Systematic Traders were down 0.86%, Diversified Traders lost 0.84%, Financial & Metals Traders were down 0.60%, and Discretionary Traders lost 0.49%.

“Overall, 61 percent of managed futures funds have reported negative returns for September,” says Waksman. “The average loss for the month was 2.76 percent for those CTAs with a negative return.”

The one profitable strategy this month was the Barclay Currency Traders Index, which gained 0.19%.

At the end of three quarters in 2012, Agricultural Traders are up 7.64%, Discretionary Traders have gained 2.67%, and Currency Traders have a 1.22% return.

On the negative side of the ledger, Financial & Metals Traders are down 1.86% year to date, Systematic Traders have lost 0.60%, and Diversified Traders are down 0.47%.

The Barclay BTOP50 Index, which measures performance of the largest CTAs, lost 0.88% in September, and is down 0.20% year to date.

Press Release

BM

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. Regulatory - David Stockman: Trump tax reform overhaul is a pipe dream, stocks are heading for 40-70% plunge, Carried interest tax: How much does it matter?, Odey sees 'terrifying' mix in MiFID, tapering, asset values, Hedge funds come together to share cost of MiFID and research, SEC turns up the heat on U.S. investment advisers, India's Sebi asks hedge funds to report investments in commodity derivatives[more]

    David Stockman: Trump tax reform overhaul is a pipe dream, stocks are heading for 40-70% plunge From CNBC.com: David Stockman is warning about the Trump administration's tax overhaul plan, Federal Reserve policy, saying they could play into a severe stock market sell-off. Stockman, the R

  2. North America - Puerto Rico rejects loan offers, accusing hedge funds of trying to profit off hurricanes[more]

    From TheIintercept.com: Puerto Rico has rejected a bondholder group's offer to issue the territory additional debt as a response to the devastation of Hurricane Maria. Officials with Puerto Rico's Fiscal Agency and Financial Advisory Authority said the offer was "not viable" and would harm the islan

  3. Investing - WPP targeted by short-selling American hedge fund, Sun co-founder sells secretive hedge fund on big chip trade[more]

    WPP targeted by short-selling American hedge fund From Cityam.com: An American hedge fund has mounted a bet against WPP, the world's largest advertising group, with a trade worth almost £90m. Lone Pine Capital has built a short position worth 0.51 per cent of the FTSE 100 company,

  4. Hedge funds up as industry adjusts to rising rates[more]

    Komfie Manalo, Opalesque Asia: Hedge funds have reshuffled their portfolio after nearly four weeks of rising rates as the Lyxor Hedge Fund Index was up +0.2% from 19 September to 26 (+1.1% YTD), fuelled by strong results of global macro funds, Lyxor Ass

  5. Manager Profile - How the world's hedge fund king used 'idea meritocracy' to become a billionaire[more]

    From Forbes.com: In 1982, Ray Dalio made what he calls the biggest mistake of his life. He made a bet that there would be an economic collapse stemming from a debt crisis. And he was wrong. He lost money. He lost his client's money. He had to let people go from his firm and borrow money from his dad