BarclayHedge: Managed Futures Up 10.8% YTD

Nov 17 2008 | 1:23pm ET

Investors with exposure to managed futures this year are being richly rewarded, while others looking to diversify away from their souring hedge fund portfolios may find some solace in the asset class. Managed futures posted a gain of 3.48% in October, according to the Barclay CTA Index, taking the index's year-to-date advance to 10.81%.

"Commodity trading advisors have performed remarkably well in 2008, especially when compared with the losses we're seeing in hedge funds and global equity markets," said BarclayHedge founder Sol Waksman. "The Barclay CTA Index is up 10.81% through October, in contrast to a 19.14% loss for the Barclay Hedge Fund Index and a 32.84% drop in the S&P 500."

The Barclay Diversified Traders Index jumped 6.42% in October, taking their gain to 21.23% year-to-date. Systematic Traders gained 4.18% and Discretionary Traders were up 3.39%, while the Financial/Metals Index rose 3.19%.

"Commodity prices continued to trend downward in October," said Waksman. "The commodity-based CRB Index recorded its worst ever monthly decline, falling more than 22%."

The Barclay BTOP50 Index, which monitors performance of the largest traders, rose by 3.90% in October, and is now up 9.87% for the year so far.


In Depth

Kettera Q&A: The Advantages of Alternative Investment Platforms

Oct 28 2016 | 5:52pm ET

The past several years have seen a distinct push towards easier and cheaper access...

Lifestyle

Midtown's Plaza District Fades As Manhattan Office Landscape Shifts

Nov 22 2016 | 6:32pm ET

Lower leasing costs, more efficient office space and the hope of projecting an image...

Guest Contributor

Nowhere to Hide: Why the Future of Asset Management Depends on Innovation

Nov 15 2016 | 6:55pm ET

Information technology has reshaped the asset management industry’s periphery,...

 

From the current issue of

Chicago-based independent futures brokerage and clearing firm R.J. O’Brien & Associates (RJO) has hired industry veteran Daniel Staniford as Executive Director, responsible for the firm’s institutional business development in New York and London.

AVAILABLE NOW at BARNES & NOBLE

NEWSTAND LOCATOR