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Alternative Market Briefing

Barclay CTA Index gains 1.65% in March

Wednesday, April 17, 2019

Laxman Pai, Opalesque Asia:

Managed futures remained in positive territory in March with a 1.65% return for the month according to the Barclay CTA Index.

March's CTA fund performance brought managed futures back into the black for the year, with a 1.48% year-to-date return through the end of the month, BarclayHedge said.

All of the sectors tracked by Barclay CTA Indices were positive for March and posted positive year-to-date returns through March 31 as well.

"Broad rallies in three of the four major trading sectors; equities, bonds, and currencies, provided a tide that lifted all ships," said Sol Waksman, president of BarclayHedge.

"Commodity markets were mixed as crude oil rose and crop prices declined. Seventy-two percent of CTAs that have reported a March return as of today were profitable for the month," he added.

Cryptocurrency Traders Index up 6.81%

The Cryptocurrency Traders Index was the pacesetter in March with a 6.81% monthly return. The MPI Barclay Elite Systematic Traders Index posted a 3.33% return for March, while the Diversified Traders Index returned 2.29%.

The Systematic Traders Index registered a 2.22% return in March while the Financial/Metals Traders Index returned 1.75%.

"Many CTA sectors continued to benefit from energy trading opportunities in March," said Waksman. "Meanwhile specialist sectors were lifted by hopeful signs in U.S.-China trade talks that turned some metals and agricultural commodity markets mo......................

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