FAIRFIELD, Iowa, February 22, 2016 – Managed futures traders gained 0.95% in January according to the Barclay CTA Index compiled by BarclayHedge.
“Seventy percent of CTAs were profitable in January as strong downtrends in global equities and commodities helped fuel uptrends in fixed income and the US Dollar,” says Sol Waksman, founder and president of BarclayHedge.
Seven of Barclay’s eight CTA indices had positive returns in January. The Diversified Traders Index gained 1.59%, Systematic Traders were up 1.48%, Financial/Metals Traders gained 1.26%, and Currency Traders added 0.59%.
“Rising crude oil inventories amid concerns of a global economic slowdown sparked declines in global equities, commodities, and commodity-based currencies,” says Waksman.
“Risk-off redux coupled with the Bank of Japan’s surprising announcement of negative interest rates helped drive global bond prices higher and benefitted trend followers.”
The Agricultural Traders Index was the only managed futures strategy with a loss in January, giving up 0.32%.
The Barclay BTOP50 Index, which measures performance of the largest CTAs, gained 2.83% in January.
Click here to view 35 years of Barclay CTA Index data.
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 is the global leader in providing independent, research-based information services to the alternative investment industry. Founded in 1985, Barclay currently maintains data on more than 6,100 hedge funds, fund of funds, and CTAs. No one has been in the business of collecting alternative investment data longer than BarclayHedge.
Institutional investors, brokerage firms, and private banks worldwide utilize BarclayHedge indices as performance benchmarks for the hedge fund and managed futures industries.