Managed Futures Stumble In February

Mar 14 2007 | 11:10am ET

Most managed futures strategies lost ground in February, according to The Barclay Group. Overall, the Barclay CTA Index was down 0.77% for the month and up 0.19% just year-to-date.

“Volatility increased dramatically during the final days of February,” Sol Waksman, founder and president of Barclay, said. “As stock markets tumbled, investors sought safety and drove US interest rates lower.”

Barclay’s Financial and Metals Index was down 0.60% and currency traders lost 0.31%. “The sharp increase in the value of the Japanese yen at month-end hurt currency players who were long the ‘carry trade,’” said Waksman.

However, discretionary traders and agricultural traders performed well last month, rising 1.18%, and 0.97% respectively. Ag traders have gained 2.72% during the first two months of the year. Waksman attributed their gains to rallies in the soybean and live cattle futures markets.


In Depth

Israeli Hedge Fund Harnesses Big Data

Jul 28 2014 | 8:10am ET

Apica Green is a multi-million dollar Israeli hedge fund that is based in Tel Aviv...

Lifestyle

David Yarrow On Growing His Hedge Fund And Shooting The Animals And People Of Africa - As A Photographer

Jul 23 2014 | 6:44am ET

While he’s always been a photographer, recent expeditions to Iceland, Ethiopia...

Guest Contributor

Compelling Opportunities In The Alternatives Space

Jul 29 2014 | 9:33am ET

In an environment where many asset classes seem expensive by historical standards...

 

Sponsored Content

    Northern Trust Helps Hedge Funds Navigate Derivatives Regulations

    Jul 8 2014 | 10:48am ET

    The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…

Publisher's Note