Fri, Mar 6, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Barclay CTA Index slides 0.54% in September (-3.13% YTD), as reversals in oil and bonds produce trading losses

Wednesday, October 16, 2013
Opalesque Industry Update - Managed futures lost 0.54% in September according to the Barclay CTA Index compiled by BarclayHedge. The Index is down 3.13% after three quarters in 2013.

“While the US Fed’s surprise decision not to begin ‘tapering’ boosted prices in most major asset classes, the one exception was commodity prices, which declined 2.6 percent based on the DJ UBS Commodity Index,” says Sol Waksman, founder and president of BarclayHedge.

Six of Barclay’s eight CTA indices had negative returns in September. The Diversified Traders Index lost 0.94%, Systematic Traders were down 0.53%, Currency Traders gave up 0.19%, and Discretionary Traders slipped 0.14%.

“The long positions in oil and short bond positions that contributed to August gains for CTA portfolios became the main source of losses in September as both markets reversed direction,” says Waksman.

The Barclay Agricultural Traders Index had another positive month gaining 0.25%, and Financial & Metals Traders were up 0.28%.

The Barclay BTOP50 Index, which measures performance of the largest CTAs, had its fifth straight monthly loss with a 0.42% negative return. The BTOP50 is down 2.28% for the year.

Year to date, Agricultural Traders have gained 2.07%, and Currency Traders are up 0.32%.

Year to date, the Diversified Traders Index has lost 4.37%, Systematic Traders are down 2.78%, Financial & Metals Traders have lost 0.87%, and Discretionary Traders are down 0.45%.

Click here to view 33 years of Barclay CTA Index data.

Press release

Bg

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. SkyBridge opens office in Palm Beach County[more]

    Where better for a southern location than South Florida? SkyBridge Capital, which is headquartered in New York, has opened an office in Palm Beach Gardens. Palm Beach Gardens is a "Signature City" in northern Palm Beach County, with a population of around 49,000.

  2. Outlook - Philippe Jordan predicts 'alternative beta' to displace hedge funds, Stan Druckenmiller says Europe, Japan stocks will outpace U.S.[more]

    Philippe Jordan predicts 'alternative beta' to displace hedge funds From Investordaily.com.au: The disappointing performance of hedge funds in recent years is a result of "too much money chasing too little alpha", argues Capital Fund Management. Speaking to InvestorDaily, CFM partner Phi

  3. Investing - As rig count falls, hedge funds pile into long crude futures, Parus tactically shifts long/short exposure ratios, Mario Draghi outflanking Kuroda as bearish euro bets surge, Prime Capital’s 500.com bet derailed after 41% drop[more]

    As rig count falls, hedge funds pile into long crude futures From 247wallst.com: In the week ended February 27, the total number of rigs drilling for oil in the United States came in at 986, compared with 1,019 in the prior week and 1,430 a year ago. Including 281 other rigs mostly drill

  4. Outlook - 5 reasons why 2015 is looking like a breakout year for alternative investments, Hedge fund manager Dan Loeb predicts disappointment for funds seeking energy distress[more]

    5 reasons why 2015 is looking like a breakout year for alternative investments From Forbes.com: …After a strong 2014, the public markets have been off to a choppy start in 2015. This year, savvy investors may be looking for alpha elsewhere. For many institutions and high-net-worth indivi

  5. Event-driven strategies lead hedge fund gains in February while CTA rally shows signs of fatigue[more]

    Komfie Manalo, Opalesque Asia: Hedge funds ended February on a good note (+0.8%), confirming the positive momentum witnessed since the start of the year, reported Lyxor Asset Management in its Weekly Briefing. As of the end of February, the Lyxor He