The flash estimate for the Barclay CTA Index, compiled by BarclayHedge, now a division of Backstop Solutions, indicates a small profit of 0.01 per cent in November. Year to date, the Index is down 3.00 per cent.
“Although the November return for the Index was right at zero per cent, the dispersion of returns of the underlying funds was quite large, ranging from a high of plus 30.74 per cent to a low of minus 40.40 per cent,” says Sol Waksman, founder and president of BarclayHedge.
Eight of the nine Barclay Managed Futures indices had a negative return in November.
Cryptocurrency Traders fell 22.64 per cent, MPI Barclay Elite Systematic Traders lost 1.64 per cent, Agricultural Traders were down 0.50 per cent, and Discretionary Traders lost 0.25 per cent.
The BTOP50 Index, which is composed of the largest CTAs open to new investment, had an estimated 0.39 per cent loss in November, and is down 5.27 per cent for the year.
Through November, six Barclay CTA indices have losses in 2018, while three have gains.
Cryptocurrency Traders are down 63.14 per cent for the year, and the MPI Barclay Elite Systematic Traders Index has lost 6.77 per cent. The Diversified Traders Index is down 5.20 per cent, Systematic Traders have lost 4.69 per cent, while Financial and Metals Traders are down 4.25 per cent.
On the positive side, Currency Traders have gained 4.41 per cent in 2018, the Discretionary Traders Index is up 1.99 per cent, and Agricultural Traders have a 0.22 per cent return.
