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Barclay CTA Index Gains 0.65% in October (-2.52% YTD)

Tuesday, November 19, 2013
Opalesque Industry Update - Managed futures gained 0.65% in October according to the Barclay CTA Index compiled by BarclayHedge. Year to date, the Index remains down 2.52%.

“A partial US government shutdown and another debt ceiling debate were able to temporarily stall, but not derail ongoing rallies in global equities and fixed income,” says Sol Waksman, founder and president of BarclayHedge.

Seven of the eight Barclay CTA indices had positive returns in October. The Systematic Traders Index was up 0.75%, Diversified Traders gained 0.65%, Financial & Metals Traders were up 0.51%, Agricultural Traders gained 0.48%, and Currency Traders added 0.37%.

“Low eurozone CPI numbers (0.7%) prompted concerns of European Central Bank easing and sparked a sell-off in the EUR from higher prices earlier in the month,” says Waksman.

“The yen continued to lose ground as the Bank of Japan’s commitment to quantitative easing remained firm.”

The one losing sector in October was Discretionary Traders, incurring a small loss of 0.10%.

The Barclay BTOP50 Index, which measures performance of the largest CTAs, gained a 1.21% in October. The BTOP50 has lost 1.12% in 2013.

Year to date, Agricultural Traders have gained 2.67%, and Currency Traders are up 0.53%.

The Diversified Traders Index has lost 3.93% in 2013, Systematic Traders are down 2.23%, and Discretionary Traders have lost 0.44%.

BarclayHedge

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BM

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