Fri, Mar 29, 2024
A A A
Welcome Guest
Free Trial RSS pod
Get FREE trial access to our award winning publications
Industry Updates

Barclay CTA Index gains 1.76% in February

Wednesday, March 17, 2021
Opalesque Industry Update - Managed futures funds posted a positive month in February gaining 1.76%, according to the Barclay CTA Index, compiled by BarclayHedge, a division of Backstop Solutions. For the year to date, CTAs returned 1.68% through the end of February.

"Signs of economic recovery coupled with the prospects for passage of a $1.9 trillion covid relief bill in the U.S. Senate fed investor hopes and prompted gains in equity and commodity markets," said Sol Waksman, president of BarclayHedge. "Global stock indices rose to new all-time highs, crude oil and copper made multi-year highs and the uptrend in crop prices that began last summer extended for another month."

All but one of the sectors tracked in the Barclay CTA Indices were in the black in February. The Cryptocurrency Traders Index set the pace for the month gaining 33.16% while the Diversified Traders Index advanced 2.78% and the MPI Barclay Elite Systematic Traders Index returned 2.51%. Other gainers included the Systematic Traders Index, up 1.93%, and the Discretionary Traders Index, returning 1.46%.

The lone outlier for the month was the Currency Traders Index, down 0.20%.

For the year to date, the Cryptocurrency Traders Index was up 72.83% through the end of February, the Diversified Traders Index gained 2.86%, the Discretionary Traders Index advanced 2.43%, the Agricultural Traders Index returned 1.88% and the MPI Barclay Elite Systematic Traders Index was up 1.60%.

Losing ground for the year were the Currency Traders Index, down 0.59%, and the Financial & Metals Traders Index, losing 0.39%.

The Barclay BTOP50 Index, which tracks the performance of the largest CTAs that are open for new investment, gained 2.86% in February. For the year to date, the BTOP50 is up 1.83%.

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
Previous Opalesque Exclusives                                  
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. KKR raises $6.4bn for the largest pan-Asia infrastructure fund[more]

    Laxman Pai, Opalesque Asia: The New York-based global investment firm KKR has raised a record $6.4bn for its second Asia-focused infrastructure fund, underlining investors' continued appetite for private markets. According to a media release from the alternative assets manager, the figure top

  2. Bucking the trend, top hedge fund makes plans for a second SPAC[more]

    From Institutional Investor: SPACs aren't dead. At least not to the folks at Cormorant Asset Management. The life sciences firm, whose hedge fund topped its peers in 2023, is confident it will match the success of its first blank-check company. Last week, the life sciences and biopharma speciali

  3. Benefit Street Partners closes fifth fund on $4.7 billion[more]

    Bailey McCann, Opalesque New York: Benefit Street Partners has closed its fifth flagship direct lending vehicle, BSP Debt Fund V, with $4.7 billion of investable capital across the strategy. Benefit Street invests primarily in privately originated, floating rate, senior secured loans. The fun

  4. 4 hedge fund themes that are working in 2024[more]

    From The Street: A poor earnings report from Tesla (TSLA) has not hurt the indexes on Thursday. The decline in Tesla stock, which is losing its position in the Magnificent Seven pantheon, is more than offset by strong earnings from IBM (IBM) and ServiceNow (NOW) . In addition, the much higher-t

  5. Opalesque Exclusive: A global macro fund eyes opportunities in bonds[more]

    Bailey McCann, Opalesque New York for New Managers: Munich-based ThirdYear Capital rebounded in 2023, following a tough year for global macro. The firm's flagship ART Global Macro strategy finished the year up 1