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Barclay CTA Index Down 1.24% in October; Potential Fed Rate Hike Moves Markets

FAIRFIELD, Iowa, November 30, 2016 — Managed futures traders lost 1.24% in October according to the Barclay CTA Index compiled by BarclayHedge. The Index is down 1.30% year to date.

Six of Barclay’s eight CTA indices had negative returns in October. The Diversified Traders Index was down 1.96%, Systematic Traders lost 1.79%, Financial/Metals Traders were down 1.00%, and Agricultural Traders gave up 0.71%.

“A strengthening case for a December Fed rate hike, US election uncertainties, and OPEC’s failure to agree on production quotas helped put two-thirds of CTAs into the loss column for October,” says Sol Waksman, founder and president of BarclayHedge.

On the positive side, the Barclay Currency Traders Index gained 0.79% in October, and Discretionary Traders were up 0.21%.

“With currency markets pricing in higher US interest rates, the US Dollar gained against all of the G-6 pairs,” says Waksman.

Year to date, the Diversified Traders Index has lost 2.83%, Agricultural Traders are down 2.06%, Systematic Traders have lost 1.86%, and Discretionary Traders are down 1.62%.

Currency Traders have gained 1.10% in 2016, and the Financial/Metals Traders Index is up 0.84%.

The Barclay BTOP50 Index, which measures performance of the largest CTAs, lost 2.16% in October.

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 6,300 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.