FAIRFIELD, Iowa, December 14, 2010– Managed futures lost 1.08% in November according to the Barclay CTA Index compiled by BarclayHedge. The Index remains up 3.77% for the year.
“As concern mounted regarding the possibility of inflation in China, war in Korea, and the dissolution of the Euro, investors decreased their risk exposures,” says Sol Waksman, founder and president of BarclayHedge.
Seven of Barclay’s eight CTA indices lost ground in November. The Barclay Agricultural Traders Index was down 1.87%, Financial & Metals Traders lost 1.56%, Diversified Traders were down 1.53%, and Systematic Traders slid 1.13%.
“Price declines in global equities, long bonds, base metals, grains, and the Euro caught investors off balance and led to losses,” says Waksman.
The Barclay Currency Traders Index held its ground with a 0.08% gain in November.
“Traders able to reverse Euro exposure during the month kept losses to a minimum, while more nimble players made some money,” says Waksman.
The Barclay BTOP50 Index, which monitors performance of the largest traders, fell 2.09% in November, nearly double the loss of the Barclay CTA Index. The BTOP50 is still up 4.21% year-to-date.
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Sol Waksman is an experienced media source, providing perspectives on hedge fund and managed futures trends. For more commentary or background, call 641-472-3456 or email swaksman@barclayhedge.com.
BarclayHedge was founded in 1985 and actively tracks more than 5,900 hedge funds, funds of hedge funds, and managed futures programs. Each month Barclay provides updated performance rankings for 38 Hedge Fund categories and 16 CTA categories.
Institutional investors, brokerage firms and private banks worldwide utilize Barclay’s data as performance benchmarks for the hedge fund and managed futures industries.