Welcome to BarclayHedge

#1 Alternative Investment Resource
See hedge fund rankings, indices, exclusive third party research, and more when you join for FREE.

Instant access after activation.

Not a member yet? Sign up!

X Member Login

I agree to Terms of Use
Lost your password?
Secure Member Login

User ID/Email Address:


I Agree to Terms of Use

Forgot your
Click Here  

New User?
Free Member

Press Releases


Managed Futures Down 0.59% in July; Larger Traders Drop 1.70%

FAIRFIELD, Iowa, August 13, 2007 – Managed futures performance slid 0.59% in July, according to flash estimates from the Barclay CTA Index.

“In many ways, July was a 'perfect storm' for the managed futures sector”, says Sol Waksman, founder and president of The Barclay Group.

“The Dow made a new all-time high on July 19, but by July 31st it had dropped 1.47% for the month, driven by uncertainty in the sub-prime sector.”

“As global equity markets experienced a sell-off, investors drove prices of U.S. Treasuries higher in the ensuing flight to quality.”

Six of Barclay's eight CTA indexes lost value in July. The Systematic Traders Index was down 0.72%, Diversified Traders declined 0.32%, Financial and Metals Traders lost 0.20%, and Agricultural Traders slid 0.08%.

“Currency traders also came under pressure as the Japanese yen rallied sharply against other major currencies," says Waksman.

“There's speculation that the sudden strength in the yen is the result of traders unwinding their 'carry-trade' positions."

The largest CTAs faced a difficult month, as the Barclay BTOP50 Index dropped 1.70% in July. The BTOP50 remains up 2.33% for the year, slightly ahead of the broader Barclay CTA Index, which has gained 1.67% YTD.

“Larger CTAs are often more heavily invested in the financial markets due to the greater liquidity in the sector. Smaller traders are able to keep more of their portfolio in commodities."

Click here to view 27 years of Barclay CTA Index data.


back to top

Home | Privacy | About Us | Blog | Articles | Terms of Use | Advertise | Contact Us | Follow Us Follow us on Twitter | © BarclayHedge, Ltd