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 0.52% in December (-1.42% 2013)

Thursday, January 16, 2014
Opalesque Industry Update - Managed futures gained 0.52% in December according to the Barclay CTA Index compiled by BarclayHedge. The Index ended the year with a loss of 1.42%.

The Barclay CTA Index was down 3.14% at the end of September. Managed futures performance turned around beginning in October, gaining 1.72% in the last three months of the year.

“Aided by the positive fundamentals driving the on-going recovery of G-7 equity markets, the volatility of rapid risk-on/risk-off transitions diminished in the fourth quarter,” says Sol Waksman, founder and president of BarclayHedge.

“CTAs have been profitable for the past three months, and the improvement in the trading environment was a welcome factor."

Six of the eight Barclay CTA indices enjoyed positive returns in December. The Diversified Traders Index was up 0.58%, Systematic Traders gained 0.48%, Financial & Metals Traders were up 0.41%, and Discretionary Traders added 0.29%.

The Agricultural Traders Index lost 0.15% in December, and Currency Traders were down 0.09%.

“In December, long fixed income positions contributed to losses while long positions in G-7 equity markets and short positions in selected grains and precious metals were profitable,” says Waksman.

This year the largest investable trading advisor programs outperformed the managed futures industry as a whole. The Barclay BTOP50 Index, which measures performance of the largest CTAs, gained 0.79% in December. The BTOP50 was up 0.72% in 2013, in contrast to the 1.42% loss for the Barclay CTA Index.

The Agricultural Traders Index was the strongest performer in 2013, gaining 2.89% for the year. Currency Traders were up 0.94%, and Financial & Metals Traders gained 0.41%.

The Diversified Traders Index lost 2.86% in 2013, Systematic Traders were down 1.13%, and Discretionary Traders slipped 0.10%.

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