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Barclay CTA Index gains 2.49% in December, 5.18% for 2020

Thursday, January 21, 2021
Opalesque Industry Update - Managed futures funds finished 2020 with another positive month and gained 2.49% in December, according to the Barclay CTA Index, compiled by BarclayHedge, a division of Backstop Solutions. For the year, CTAs returned 5.18%.

"Global equity and commodity markets benefitted from robust price rallies while safe haven assets such as bonds and the U.S. dollar declined," said Sol Waksman, president of BarclayHedge. "Progress on economic stimulus measures and coronavirus vaccine approvals raised hopes that a return to normalcy was on the way."

All sectors tracked in the Barclay CTA Indices were in the black for December. The Cryptocurrency Traders Index set the pace gaining 19.66%, while the MPI Barclay Elite Systematic Traders Index returned 4.25%. The Diversified Traders Index advanced 3.87%, the Systematic Traders Index was up 2.71% and the Discretionary Traders Index gained 2.05%.

In similar fashion, all managed futures sectors posted 12-month gains in 2020. The Cryptocurrency Traders Index led the way returning 171.32% for the year, followed by the Agricultural Traders Index, up 14.20%, and the Discretionary Traders Index, gaining 8.56%. The Diversified Traders Index returned 6.57% in 2020, while the Systematic Traders Index advanced 5.26%.

The Barclay BTOP50 Index, which tracks the performance of the largest CTAs that are open for new investment, returned 4.24% in December and ended the year with a gain of 5.01%.

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