FAIRFIELD, Iowa, March 13, 2018 — The flash estimate for the Barclay CTA Index, compiled by BarclayHedge, indicates a 2.89% loss in February. Year to date, the Index is down 0.33%.
“Although the month was marked by a mix of trend extensions and trend reversals in key market sectors, reversals ruled and 77 percent of CTAs incurred losses in February,” says Sol Waksman, founder and president of BarclayHedge.
The Diversified Traders Index fell 4.49% In February, Systematic Traders were down 3.67%, and Financials/Metals Traders lost 1.90%.
“A record string of fifteen consecutive monthly gains for the S&P 500 ended with the Dow’s worst ever daily loss, the ongoing rally in oil prices came to an abrupt end, and both precious and industrial metals prices traded lower at month end,” says Waksman.
On the positive side, Currency Traders gained 0.86%, Agricultural Traders were up 0.37%, and Discretionary Traders added 0.23%.
After two months in 2018, the Discretionary Traders Index has gained 1.43%, Agricultural Traders are up 1.26%, and Financials/Metals Traders have a 0.49% positive return.
Systematic Traders are down 0.28% year to date, and Diversified Traders have lost 0.18%.
The BTOP50 Index, which is composed of the largest CTAs open to new investment, dropped 5.35% in February, and is currently down 2.40% for the year.
Click here to view 37 years of Barclay CTA Index data.
Sol Waksman is the founder and president of BarclayHedge. Waksman is an industry expert and experienced media source, providing perspectives on hedge fund and managed futures trends.
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 6,600 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.