Managed futures stumbled out of the gate to start 2019, with the Barclay CTA Index, compiled by BarclayHedge, down 0.43% for the month.

All but two of the Barclay Managed Futures indices were in negative territory for January, as CTA funds were generally unable to build on their modest gains of the final two months of 2018.

"After precipitous price declines in