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

Related-Company Fees: Normal Industry Practice or Conflicted Compensation?

Nov 11 2015 | 4:23pm ET

Regulatory agencies as well as investors are increasingly exploring whether certain...


Ferrari Roars in Wall Street Debut

Oct 21 2015 | 4:28pm ET

Shares of supercar maker Ferrari jumped as much as 15 percent to a high of nearly...

Guest Contributor

Private Debt - What is the Opportunity?

Nov 11 2015 | 3:28pm ET

In this contributed article, Rob Allard, founding partner of Firebreak Capital...


Editor's Note

    Oct 21 2015 | 10:41am ET

    One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…