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FAIRFIELD, Iowa, November 19, 2013 — Managed futures gained 0.65% in October according to the Barclay CTA Index compiled by BarclayHedge. Year to date, the Index remains down 2.52%.
“A partial US government shutdown and another debt ceiling debate were able to temporarily stall, but not derail ongoing rallies in global equities and fixed income,” says Sol Waksman, founder and president of BarclayHedge.
Seven of the eight Barclay CTA indices had positive returns in October. The Systematic Traders Index was up 0.75%, Diversified Traders gained 0.65%, Financial & Metals Traders were up 0.51%, Agricultural Traders gained 0.48%, and Currency Traders added 0.37%.
“Low eurozone CPI numbers (0.7%) prompted concerns of European Central Bank easing and sparked a sell-off in the EUR from higher prices earlier in the month,” says Waksman.
“The yen continued to lose ground as the Bank of Japan’s commitment to quantitative easing remained firm.”
The one losing sector in October was Discretionary Traders, incurring a small loss of 0.10%.
The Barclay BTOP50 Index, which measures performance of the largest CTAs, gained a 1.21% in October. The BTOP50 has lost 1.12% in 2013.
Year to date, Agricultural Traders have gained 2.67%, and Currency Traders are up 0.53%.
The Diversified Traders Index has lost 3.93% in 2013, Systematic Traders are down 2.23%, and Discretionary Traders have lost 0.44%.
Click here to view 33 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 was founded in 1985 and actively tracks more than 6,200 hedge funds, funds of hedge funds, and managed futures programs. Each month Barclay provides updated performance rankings for 38 Hedge Fund categories, 16 CTA categories, and 7 UCITS categories.
Institutional investors, brokerage firms, and private banks worldwide utilize BarclayHedge indices as performance benchmarks for the hedge fund and managed futures industries.
