Wednesday, 1 October 2014
Last updated 21 min ago
Apr 18 2008 | 11:18am ET
Managed futures lost 0.36% in March but remain up 7.09% for the quarter, according to the Barclay CTA Index.
Nearly 57% of commodity trading advisors on the Barclay platform were profitable last month, according to Sol Waksman, BarclayHedge founder and president.
Agricultural traders lost 3.51%, while discretionary traders were down 0.91 per cent.
“The challenge that agricultural traders face is that there are limited opportunities for diversification within an agricultural portfolio,” said Waksman. “Although most grains have been in a sustained uptrend for the past 18 months, agricultural traders can still be hurt when prices across the sector drop suddenly.”
Although diversified traders lost 0.99% in March, the sector index returned 13.92% for the first three months of 2008. Barclay's Currency Traders Index gained 0.56% in March, and financial/metals traders rose 0.23%.
”Continued divergence between interest rates in the U.S. and Europe has created profitable trading opportunities in the financial markets,” said Waksman. “This interest rate divergence has also helped to drive the US dollar down, marking new lows against both the euro and the yen, and providing currency traders with opportunities to profit.”
The Barclay BTOP50 Index, which monitors the performance of the largest traders, slipped 0.52% in March, but is still up 4.96% for the quarter.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
High frequency trading is not evil, it is not a conspiracy and it really is not new; it is the natural evolution of the professional trading community making markets, providing liquidity and hopefully...