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Barclay CTA Index slips 0.34 per cent in March

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The flash estimate for the Barclay CTA Index, compiled by BarclayHedge, indicates a 0.34 per cent loss in March. Year to date, the Index is down 1.71 per cent.

“Concerns of a US/China trade war and a data hacking scandal at Facebook helped fuel a second month of declines in global equities and a flight to quality that drove fixed income yields lower,” says Sol Waksman (pictured), founder and president of BarclayHedge.
 
The Financials and Metals Traders Index was down 0.71 per cent in March, Diversified Traders lost 0.55 per cent, and Systematic Traders gave up 0.50 per cent.
 
“Although aluminium and other base metals gave up ground on the month, the recovery in energy markets helped to offset some of those losses,” says Waksman.
 
On the positive side, Agricultural Traders were up 1.01 per cent, and Discretionary Traders gained 0.28 per cent.
 
At the end of the first quarter, Agricultural Traders have gained 2.12 per cent in 2018, the Discretionary Traders Index has gained 1.50 per cent, and Currency Traders are up 0.71 per cent.
 
Systematic Traders and Diversified Traders have lost 1.82 per cent year to date, and Financials/Metals Traders have a 1.08 per cent negative return.
 
The BTOP50 Index, which is composed of the largest CTAs open to new investment, gained 0.18 per cent in March, but is currently down 2.03 per cent for the year.
 

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