Managed Futures Gain Ground In August

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%.


In Depth

OmniQuest Capital: Why Funds of Hedge Funds Work

Aug 11 2016 | 4:47pm ET

There have been few sectors of the alternative investment universe under as much...

Lifestyle

Kiawah: Island Reversal

Aug 24 2016 | 9:59pm ET

Looking for real estate investments but the typical real estate fare isn’t cutting...

Guest Contributor

Old Hill Partners: Embrace Illiquidity

Aug 9 2016 | 2:39pm ET

The age-old financial concept that higher yields are the result of higher risk and...