Tuesday, 16 September 2014
Last updated 11 hours ago
Oct 17 2008 | 12:07pm ET
Investors spooked by their hedge fund portfolios may do well to diversify into managed futures. Commodity trading advisors posted a modest gain of 0.68% last month, bringing their average year-to-date return to 7.86%, according to the Barclay CTA Index.
“As the financial crisis continued to wreak havoc across global equity markets, trend-following CTAs were able to profit from short positions in stock index futures,” says BarclayHedge founder and president Sol Waksman.
The Barclay Systematic Traders Index gained 1.94% in September, while Diversified Traders were up 1.56% and the Financial/Metals rose by 1.07%.
“Most commodity prices have been in decline since mid-August,” says Waksman. “CTAs, on balance, are currently short these markets, and the price declines were another source of profits for the month. Global fixed income was a difficult area for many traders in September. The U.S. rescue plan resulted in large counter-trend moves in the interest rate markets.”
All eight of the managed futures indices monitored by BarclayHedge are showing positive performance for the year. The Diversified Traders Index is up 14.15%, Agricultural Traders have gained 10.73%, Systematic Traders 9.21% and Discretionary Traders 9.05%.
The Barclay BTOP50 Index, which monitors performance of the largest traders, rose by 0.28% in September and is now up 6.45% over the first nine months of the year.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
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