Managed futures traders gained 0.71 per cent in February, according to the Barclay CTA Index compiled by BarclayHedge.
Year to date, the index has decreased 0.02 per cent.
Five of Barclay’s eight CTA indices had gains in February. The Financial/Metals Traders Index was up 1.18 per cent, Systematic Traders gained 0.89 per cent, Diversified Traders were up 0.78 per cent, and Currency Traders added 0.44 per cent.
“Trend reversals in European bond yields and a weakening euro were not enough to sap the profits gained from long equity positions, as the global stock market rally extended into its fourth consecutive month,” says Sol Waksman (pictured), founder and president of BarclayHedge.
The Agricultural Traders Index gave up 0.08 per cent in February, and Discretionary Traders slipped 0.01 per cent.
Year to date, the Financial/Metals Traders Index has gained 0.85 per cent, and Agricultural Traders are up 0.14 per cent. In the loss column, Diversified Traders are down 0.43 per cent, Currency Traders have lost 0.07 per cent, and Discretionary Traders are down 0.06 per cent.
The Barclay BTOP50 gained 0.55 per cent in February, but remains down 0.43 per cent year to date.
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