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?
Contact us: +1 (641) 472-3456
Secure Member Login

User ID/Email Address:


I Agree to Terms of Use

Forgot your
Click Here  

New User?
Free Member

Press Releases


Barclay BTOP FX Index Components Chosen for 2010;
12 Currency Traders to Provide Daily Data

FAIRFIELD, Iowa, January 8, 2010 – BarclayHedge announced today the names of the twelve currency programs that will comprise the Barclay BTOP FX Index for the year 2010.

Launched in January 2005, the BTOP FX is the first daily index of currency traders and has monitored selected trader’s returns on a daily basis for the past five years.

“The BTOP FX Index seeks to replicate the overall composition of the currency sector of the managed futures industry with regard to trading style and overall market exposure,” says Sol Waksman, founder and president of BarclayHedge.
“The Index allows investors and currency managers to accurately compare their returns with a recognized benchmark on a daily basis.”

The BTOP FX Index was designed to be an investible subset of the more broadly based Barclay Currency Trader Index, which has data going back to 1987. There is currently no tracker fund available that attempts to replicate the performance of the BTOP FX.

“The currency trading managers selected for the BTOP FX represent more than 50 percent of the investible assets of the Barclay Currency Traders Universe,” says Waksman.

“Taken together, the currency trading programs selected for inclusion in the 2010 BTOP FX have a total of US$11.6 billion in assets under management.”

Requirements for Inclusion

The BTOP FX Index employs a top-down approach in selecting its constituents. The largest investable currency trading programs, as measured by assets under management, are selected for inclusion in the BTOP FX Index.

To be included in the BTOP FX Index, managers must also meet the following criteria:

  • The trading program/fund must trade exclusively currencies, either futures or interbank.
  • The program must be open for investment.
  • Managers must be willing to provide Barclay with daily rates of return on a timely basis.

The BTOP FX Index is equally weighted among the selected programs at the beginning of each calendar year and is rebalanced annually.

2010 Barclay BTOP FX Index Components are:

FX Concepts, LLC – Multi-Strategy Program
FX Concepts, LLC – Global Currency Program
C-View Limited – 3X Levered Program
Cambridge Strategy (Asset Management) Ltd. – Extended Markets Program
QFS Asset Management – QFS Currency Program
Currency Insight Ltd. – Diversified Systematic Program
Premium Currency Advisors AG – Premium Currencies Program
Hathersage Capital Management LLC. – Long Term Currency Program
IKOS CIF – G10 Currency Fund
Rhicon Currency Management (UK) Ltd. – Strategic Program
Quaesta Capital GmbH – vTrader FX 2XL
Excalibur Funds Management Pty – Excalibur Absolute Return Fund

Click here to download five years of daily data for the Barclay BTOP FX Index.

Sol Waksman is an experienced media source, providing perspectives on hedge fund and managed futures trends. For quotes, commentary or background, call 641-472-3456 or email swaksman@barclayhedge.com.

BarclayHedge (formerly The Barclay Group) was founded in 1985 and actively tracks more than 6,000 hedge funds, funds of hedge funds, and managed futures programs. Barclay has created and regularly updates 18 proprietary hedge fund indexes and eight managed futures indexes.

Institutional investors, brokerage firms and private banks worldwide utilize BarclayHedge data as performance benchmarks for the hedge fund and managed futures industries.

back to top

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