Friday, 19 December 2014
Last updated 10 hours ago
Sep 23 2008 | 11:06am ET
Managed futures held steady in August with a small gain of 0.11%, according to the Barclay CTA Index. Year-to-date, the index is up 7.17%.
“Inflation fears moderated in August as commodity prices corrected and the global economy showed signs of slowing,” said Sol Waksman, founder and president of BarclayHedge. “Bond prices rose and traders holding long positions in North American and Australian markets were able to profit nicely.”
Six of Barclay’s eight managed futures indices were in positive territory in August. The Discretionary Traders Index rose 0.25%, Diversified Traders were up 0.25%, and Currency Traders gained 0.2%.
Agricultural Traders had the weakest performance in August, losing 0.52%. “Agricultural traders were caught flat-footed as prices for corn and soybeans, which had been in a sustained downtrend since the beginning of July, rallied at mid-month," Waksman explained.
The Barclay BTOP50 Index, which monitors performance of the largest traders, lost 1.52% in August, but remains up 6.59% for the year. Since the beginning of September, the BTOP50 has gained 1.35%.
Through August, Barclay’s Diversified Traders Index leads all managed futures strategies with a gain of 12.42%.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.