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Barclay CTA Index Gains 1.59% in June as Interest Rates Go Down and Stocks Go Up, According to Backstop BarclayHedge; All sectors remain in positive territory for the year through June

CTA funds posted a 1.59% return in June, according to the Barclay CTA Index compiled by BarclayHedge, a division of Backstop Solutions. Year-to-date, the Index has gained 3.84% through June.

“Recession fears coupled with market anticipation of Fed loosening rallied prices for long-term bonds and short-term notes while gold prices rose to a six-year high,” said Sol Waksman, president of BarclayHedge. “Equity investors seemed to ignore recession concerns and focused on the benefits of a rate cut, propelling the S&P 500 7% higher on the month.”

Nearly all CTA fund sectors posted positive returns in June, the lone exception being the Agricultural Traders Index which was down 0.93%. All sectors remained in the black for the year-to-date through June.

“While most CTA sectors performed well in June, the Ag sector struggled with choppy grain markets and steep price declines for hogs and cattle,” added Waksman.

Setting the pace for the month’s gainers was the Cryptocurrency Traders Index, up 17.60% in June. Others included the MPI Barclay Elite Systematic Traders Index, up 2.66%, the Diversified Traders Index, with a 2.05% return in June, the Financial/Metal Traders Index, gaining 1.90% for the month, and the Systematic Traders Index, up 1.97%.

The Cryptocurrency Traders Index continues to lead the way for year-to-date return, gaining 84.83% for the year through the end of June. The MPI Barclay Elite Systematic Traders Index was up 5.64% for the year through June, the Diversified Traders Index posted a 3.70% year-to-date return, the Systematic Traders Index was up 3.52% on the year, and the Financial/Metals Traders Index gained 3.10% through June.

The Barclay BTOP50 Index, which tracks the performance of the largest CTAs that are still open for new investment, has gained 5.30% in the first six months of the year.

For a complete table of Barclay CTA Index results as well as historical data, click here.

About Backstop Solutions

Backstop’s mission is to help the institutional investment industry use time to its fullest potential. We develop technology to simplify and streamline otherwise time-consuming tasks and processes, enabling our clients to quickly and easily access, share and manage the knowledge that’s critical to their day-to-day business success. Backstop provides its industry-leading cloud-based productivity suite to investment consultants, pensions, funds of funds, family offices, endowments, foundations, private equity, hedge funds and real estate investment firms.

BarclayHedge, a division of Backstop, currently maintains data on more than 6,900 hedge funds, funds of funds, and CTAs. The BarclayHedge Indices are utilized by institutional investors, brokerage firms and private banks worldwide as performance benchmarks for the hedge fund and managed futures industries.

MEDIA CONTACT: 

Sol Waksman 

BarclayHedge, a division of Backstop Solutions Group 

(641) 472-3456