Thu, Aug 22, 2019
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Managed futures posted another positive month in April

Friday, May 17, 2019
Opalesque Industry Update - Managed futures posted another positive month in April with a 0.85% return according to the Barclay CTA Index, compiled by BarclayHedge, a division of Backstop Solutions. Nine of BarclayHedge's 10 CTA indices had gains in April.

Year to date, the Barclay CTA Index has gained 2.28%. All ten of BarclayHedge's managed futures indices are now in positive territory for 2019.

"Four consecutive months of ongoing rallies in energy and global equity markets have provided a much needed tail wind for CTA performance," said Sol Waksman, president of BarclayHedge. "An ongoing downtrend in agricultural markets provided a boost for trend traders at the expense of those anticipating prices to turn upward."

The Cryptocurrency Traders Index led the pack in April with a 9.83% return while the BTOP50 Index, which tracks the performance of the largest CTAs, gained 3.15%. The MPI Barclay Systematic Traders Index returned 2.75% for the month, the Diversified Traders Index returned 1.21% and the Systematic Traders Index posted a 1.07% return.

The Currency Traders Index was the lone loser in April, down 0.30%. "Although the US Dollar had strengthened against many of the major currencies by month-end, mid-month trend reversals resulted in losses across the sector," said Waksman.

The Cryptocurrency Traders Index led in year-to-date return as well, up 18.54% through April. Other leading year-to-date gainers included the MPI Barclay Elite Systematic Traders Index, up 5.65%, the Barclay BTOP50 Index, 4.91%, Systematic Traders Index, up 2.55% for the year, the Diversified Traders Index, with a 2.34% year-to-date return, and the Financial/Metals Traders Index returning 1.91%.

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. 6 out of 10 investors seek to move assets from UK amid brewing of perfect storm[more]

    Opalesque Industry Update - Six out of 10 investors are now actively seeking to move assets out of Britain as a perfect storm looks set to hit the UK economy, reveals a new poll. The survey of more than 740 clients carried out by deVere Group, one of the world's largest independent financial

  2. Investing: Hedge funds take record short bets against Aston Martin, Investor sentiment reaching reversal point, says Lipper,It's time to buy into this long-suffering strategy, Investors, 'starved for returns,' flood private markets in search of high-growth opportunities[more]

    Hedge funds take record short bets against Aston Martin From FT: Hedge funds have taken record short positions in the debt and equity of Aston Martin, betting that the luxury carmaker will continue to struggle after one of the most disastrous stock market debuts of recent years.

  3. Crayhill Capital Management closes $100M transportation financing in Mexico[more]

    Bailey McCann, Opalesque New York: Private credit shop Crayhill Capital Management is providing a senior secured credit facility of up to $100 million to Mutuo Financiera, a vehicle fleet leasing company focused on clean energy passenger transportation in Mexico. Crayhill Capital Management is l

  4. People: Swedish AM hires long/short equity veteran, Cambridge University recruits new CIO from family office[more]

    Swedish AM hires long/short equity veteran From City Wire: Swedish asset manager Catella has hired Mattias Nilsson as a new portfolio manager to focus on long/short investing, the firm has announced. Nilsson will start on 26 August and will be part of the firm's long/short equity capabi

  5. Tech: European Central Bank confirms website hack and data breach, Google warns BILLIONS of website passwords have been hacked - how to check yours now, Jeffrey Tarrant saw artificial intelligence as the future of managing money[more]

    European Central Bank confirms website hack and data breach The European Central Bank (ECB), the central bank of the 19 European countries which have adopted the euro, has shut down a compromised website after it discovered that hackers had planted malware that stole information from ne