FAIRFIELD, Iowa, May 14, 2009– Managed futures slipped again in April, losing 0.51% according to the Barclay CTA Index compiled by BarclayHedge. Year-to-date, the Index is down 2.34%.
“Directionless markets and conflicting trends made it difficult for CTAs to extract profits from trading positions in April,” says Sol Waksman, founder and president of BarclayHedge.
Looks like money managers weren’t able to beat the stock indices in 2009. Also note the tremendous difference between the promised ‘forex robots’ or EA’s or ‘automatic trading’ (SCAM in short) returns and the actual professional money managers’ returns. FAP Turbo anyone?
Read the rest here.
Also check out: Hedge Funds Rally in April.
BarclayHedge (formerly The Barclay Group) was founded in 1985 and actively tracks more than 6,000 hedge funds, funds of hedge funds, and managed futures programs. Barclay has created and regularly updates 18 proprietary hedge fund indexes and eight managed futures indexes.













