(Opalesque) Opalesque Industry Update: Managed futures traders gained 0.06% in May according to the Barclay CTA Index compiled by BarclayHedge. Year to date, the Index has lost 0.67%.Four of Barclay’s CTA indices had gains in May, and four had losses. The Financial/Metals Traders Index was up 0.88%, Systematic Traders gained 0.13%, and Agricultural Traders added 0.06%.
“The seventh month of consecutive gains by global equities coupled with a bond market rally were the main drivers of CTA returns in May,” says Sol Waksman, founder and president of BarclayHedge.The Currency Traders Index lost 0.61% in May, Diversified Traders were down 0.11%, and Discretionary Traders gave up 0.10%.
