Sat, Aug 13, 2022
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Parker FX Index returns -1.52% in June, +1.52% YTD

Thursday, July 30, 2015
Opalesque Industry Update - The Parker FX Index is reporting a -1.52% return for the month of June. Thirty of the thirty-two programs in the Index reported June results, of which five reported positive results and twenty-five incurred losses. On a risk-adjusted basis, the Index was down -0.68% in June 2015. The median return for the month was -1.19%, while the performance for June ranged from a high of +3.59% to a low of -7.27%.

In addition to the broad Parker FX Index, there are two style driven sub-indices: the Parker Systematic Index, which tracks those managers whose decision process is rule based, and the Parker Discretionary Index, which tracks managers whose decision process is judgmental. During June, the Systematic Index was down -1.34% and the Discretionary Index was down -1.70%. On a risk-adjusted basis, the Parker Systematic Index was down -0.51% and the Parker Discretionary Index was down -1.29%.

The top three performing constituent programs for the month of June on a reported basis returned +3.59%, +0.97%, and +0.46%, respectively. The top three performers on a risk-adjusted basis returned +1.26%, +0.72% and +0.42%, respectively.

The US dollar was down in June as the Fed kept policy unchanged but appeared to have a more cautious tone. June also saw Greece and the EU fruitlessly negotiating on debt repayment, finally defaulting on June 30 and pushing talks into July. Looking ahead, managers believe that the USD remains favored in the long term, short term performance is expected to be characterized by volatility, and commodity prices and central bank actions are expected to continue to drive emerging market performance.

parkerglobal.com

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. Other Voices: ESG exuberance is at all-time highs. But will investors buy?[more]

    As investors increase their focus on mission-based investing, they continue to grapple with ESG and what it means to them. By David Shalom, Director of Capital Introductions at Pershing Innovation. New investment solutions. That's how managers deliver value and attract new inve

  2. Alts managers sitting on over $2.5tn+ of dry powder[more]

    Laxman Pai, Opalesque Asia: In the current rising interest rate environment, investment activity in the private markets has continued to grow, revealed a study. "With alts managers sitting on over $2.5T+ of dry powder and continuing to enjoy premium valuations and interest rates on a prec

  3. Opalesque Exclusive: Hong Kong manager expects additional tailwind in Asian markets[more]

    B. G., Opalesque Geneva: The Asia equity markets have not been at their best so far this year, with the MSCI Asia index down almost 13% YTD, but many managers remain buoyant about the region, as in

  4. Opalesque Exclusive: Emerging markets persist despite headwinds[more]

    Bailey McCann, Opalesque New York: Emerging markets have been under significant pressure since the start of the year, but there are some nascent trends that suggest that things could be getting better. Emerging markets firm Gramercy Fund Management recently released its third quarter outlook and

  5. Opalesque Exclusive: Castle Hall's DiligenceExchange free Transparency Reports cover 100 managers with $10tn of assets[more]

    Matthias Knab, Opalesque for New Managers: Managers and investors can get free access to DiligenceExchange here: https://bit.ly/DXCInfo Castle Hall, the Du