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Barclay CTA Index closes 2019 with a gain of 5.15%

Wednesday, January 15, 2020
Opalesque Industry Update - The managed futures industry closed the year with a second consecutive profitable month and rose 0.20% in December 2019, according to the Barclay CTA Index compiled by BarclayHedge, a division of Backstop Solutions. For the full year, CTAs returned 5.15%.

"A fourth month of rising equity prices and government bond yields provided a tailwind for momentum traders in December, but price reversals in agriculture and some currency markets created cross winds that reduced trading profits," said Sol Waksman, president of BarclayHedge.

Only three CTA sectors posted positive results in December. The Discretionary Traders Index led the way with a 0.48% return, followed by the Diversified Traders Index, up 0.40%, and the Systematic Traders Index, gaining 0.11%.

Sectors in the red in December included the Cryptocurrency Traders Index, down 4.55%, and the MPI Barclay Elite Systematic Traders Index, which lost 0.51%. Also losing ground in December were the Agricultural Traders Index, down 0.27%, the Currency Traders Index dropped 0.25%, and the Financial & Metal Traders Index shed 0.05%.

On an annual basis, all managed futures sectors were in the black for 2019. The Cryptocurrency Traders Index set the pace with a 31.62% annual return, followed by the MPI Barclay Elite Systematic Traders Index, up 8.14%, the Systematic Traders Index, with a 4.88% gain, and the Financial & Metal Traders Index, with a 4.62% return.

The Barclay BTOP50 Index, which tracks the performance of the largest CTAs that are still open for new investment, was down 0.32% in December but gained 6.73% for the year.


Press release
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For a complete table of Barclay CTA Index results as well as historical data, click here:

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