Managed futures traders lost 0.73 per cent in January, according to the Barclay CTA Index compiled by BarclayHedge.
Seven of Barclay’s eight CTA indices lost ground in January.
The Diversified Traders Index was down 1.20 per cent, Systematic Traders lost 0.87 per cent, Currency Traders were down 0.51 per cent, and Financial/Metals Traders gave up 0.33 per cent.
“Profits from the continuing rally in global stock markets were not enough to overcome losses resulting from trend reversals in energy, US Dollar weakness, and sharply rising European yields,” says Sol Waksman, (pictured) founder and president of BarclayHedge.
The only managed futures strategy with a gain in January was the Agricultural Traders Index, which was up 0.22 per cent.
The Barclay BTOP50 was down 1.44 per cent in the first month of 2017, after losing 4.44 per cent in 2016.
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