Managed Futures Lose 3.11% in Q1; Money Under Management Drops 3.7%

Fairfield, Iowa, May 5, 2005 -- The Barclay Group reported today that money under management in managed futures fell from $131.9 billion to $127 billion during the past three months. Barclay is a leading provider of managed futures and hedge fund data.

"Since year-end 2004, assets under management have declined by $4.9 billion, or 3.7 percent," says Sol Waksman, president of The Barclay Group. "This decline tracks the 3.11 percent loss in managed futures measured by the Barclay CTA Index during the same period."

Barclay's figures show that this is the first quarterly drop in money under management in three years. Since March of 2002, managed futures assets tripled from $40.3 billion to over $130 billion. Click here to view Barclay's Money Under Management data from 1980-2005.

For more commentary, call Sol Waksman at 641-472-3456; or email sol@barclayhedge.com.

The Barclay Group, founded in 1985, actively tracks more than 4300 hedge funds and managed futures programs. The Barclay CTA Index, the Carr-Barclay Index, and the Barclay BTOP50 Index are utilized worldwide as performance benchmarks for the managed futures industry