Tuesday, June 16, 2009
Managed Futures Rebound 2.08% in May; Barclay CTA Index Down 0.54% in 2009
FAIRFIELD, Iowa, June 16, 2009– Managed futures traders performed well in May, gaining 2.08% according to the Barclay CTA Index compiled by BarclayHedge. Year-to- date, the Index remains down 0.54%.
“Commodity markets, led by the energy sector, rallied strongly during the month,” says Sol Waksman, founder and president of BarclayHedge. “A weakening US Dollar provided support to the rally and presented a sustained trend that currency traders could profit from.”
Read the entire Hedge Fund Press Release by clicking here.
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