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Opalesque Industry Update - Managed futures traders showed solid gains of 1.87% in August according to a flash estimate of the BarclayHedge BTOP50. For the year to date period, the index is down 2.39%. "Managed futures had its best month of the year and the best returns since June 2016 in August," according to Sol Waksman, founder and president of BarclayHedge. "It's too early to say that the industry has turned a corner but the signs are positive." Systematic traders led the way with a gain of 2.63%; 13 of the 14 systematic traders in the BTOP50 were profitable in August. Discretionary traders were essentially flat for the month, losing 0.04%. Two of the three discretionary traders had small losses. The BTOP50 Index has fallen in eight of the last 12 months, but has shown positive results the past two months, the first two month gain since June - July of 2016. The BTOP50 Index seeks to replicate the overall composition of the managed futures industry with regard to trading style and overall market exposure. All funds in the index must be open for investment, have at least two years of trading activity, and report daily returns. Further information on the BTOP50 is available on the BarclayHedge website: BTOP50 Index.
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Industry Updates
BarclayHedge BTOP50 Index returns 1.87% in August
Tuesday, September 12, 2017
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