Sat, Apr 30, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Barclay CTA Index gains 1.11% in April (+2.11%); systematic traders up 2.46% YTD

Wednesday, May 15, 2013
Opalesque Industry Update: Managed futures gained 1.11% in April according to the Barclay CTA Index compiled by BarclayHedge. The Index is up 2.11% year to date.

“Rising prices for equities and debt securities were fueled by central bank easing, and coupled with falling commodity prices driven by weak economic data out of China, served as the backdrop for CTA performance in April,” says Sol Waksman, founder and president of BarclayHedge.

Overall performance was mixed in April, with five of Barclay’s eight CTA indices making gains, while three indices lost ground. The Financial & Metal Traders Index gained 1.47%, Systematic Traders were up 1.21%, and Diversified Traders gained 1.20%.

“Portfolios with exposure to a preponderance of the major futures sectors were in the best position to profit from the trading opportunities available in April,” says Waksman.

On the losing side, Currency Traders gave up 0.50%, Agricultural Traders lost 0.26%, and Discretionary Traders were down 0.22%.

“Discretionary traders usually underperform their systematic brethren during trending markets,” says Waksman. “Trends can oftentimes persist longer than justified by the underlying market fundamentals."

Year to date, Systematic Traders have gained 2.46%, Diversified Traders are up 2.37%, Financial & Metal Traders added 2.28%, and Currency Traders have gained 1.06%.

The only losing strategy after four months is the Agricultural Traders Index, which is down 0.13%.

The Barclay BTOP50 Index, which measures performance of the largest CTAs, gained 1.58% in April.

BarclayHedge

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. Hedge funds see $14.3bn outflows in Q1, CTAs and multi-strategy lead net inflows[more]

    Komfie Manalo, Opalesque Asia: The hedge fund industry saw net outflows of investor capital in the first quarter of the year, totaling $14.3bn, data from Preqin showed. This continues from the $8.9bn overall net outflows that funds recorded in Q4

  2. Third Point calls Q1 "catastrophic" for hedge funds[more]

    Bailey McCann, Opalesque New York: The first quarter of this year was rocky for hedge funds based on aggregate performance from the industry, but now we are beginning to hear what the managers thought of it as quarterly letters make their way to investors. Dan Loeb, CEO of New York-based $17 bill

  3. Asia - Stabilization of China's capital outflows may hinge on Janet Yellen, Fink says China to do well this year as bubble threat postponed, Chinese hedge fund to invest in India’s infrastructure[more]

    Stabilization of China's capital outflows may hinge on Janet Yellen From Bloomberg.com: Whether China’s recent stabilization of its currency and capital outflows continues -- or downside pressure reignites -- may hinge in large part on Janet Yellen. If the Federal Reserve chair sticks to

  4. …And Finally - After all, judges are human too[more]

    From Newsoftheweird.com: In March, one District of Columbia government administrative law judge was charged with misdemeanor assault on another. Judge Sharon Goodie said she wanted to give Judge Joan Davenport some files, but Davenport, in her office, would not answer the door. Goodie said once the

  5. Comment - Unmasking the men behind Zero Hedge, Wall Street's renegade blog[more]

    From Bloomberg.com: Colin Lokey, also known as "Tyler Durden," is breaking the first rule of Fight Club: You do not talk about Fight Club. He’s also breaking the second rule of Fight Club. (See the first rule.) After more than a year writing for the financial website Zero Hedge under the n