FAIRFIELD, IOWA MARCH 15, 2022
The managed futures industry enjoyed its third consecutive period of gains with a 0.94% return in February, according to the Barclay CTA Index, compiled by BarclayHedge, a division of Backstop Solutions.
For the year to date, CTAs are up 1.61% through February 28th.
Most CTA subsectors were in the black for February, led by the MPI Barclay Elite Systematic Traders Index, which was up 2.55%. Also in positive territory for the month were the Discretionary Traders Index, gaining 1.58%, the Diversified Traders Index, advancing 1.57%, the Systematic Traders Index, up 0.78%, and the Agricultural Traders Index, returning 0.76%.
Subsectors losing ground during the month included the Cryptocurrency Traders Index, down -1.56% the Currency Traders Index, off -0.55%, and the Financial & Metal Traders Index, losing -0.25%.
Most managed futures subsectors posted year-to-date gains through February as well. Again, the MPI Barclay Elite Systematic Traders Index set the pace, gaining 5.07%. The Discretionary Traders Index returned 3.34%, the Diversified Traders Index advanced 2.73%, the Agricultural Traders Index gained 1.65%, the Systematic Traders Index was up 1.27% and the Financial & Metal Traders Index returned 0.03%.
Three subsectors are in the red so far in 2022: The Cryptocurrency Traders Index is down -13.74%, while the Currency Traders Index and the Financial & Metal Traders Index were down -16 bips and -5 bips, respectively.
“Geopolitical tensions, changing monetary policy and worries over economic slowdowns and stagflation have roiled markets and made for an exceedingly volatile start to 2022,” remarked Ben Crawford, Head of Research at BarclayHedge. “While many markets appear to be in a clear downtrend, managed futures funds have largely taken the gloom and volatility in stride, generating a string of positive returns where gains have been hard to find elsewhere.”
The Barclay BTOP50 Index, which tracks the performance of the largest CTAs open for new investment, was up 1.56% for February and gained 3.21% for the year to date.
For a complete table of Barclay CTA Index results as well as historical data, click here.
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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.