Hedge Funds Up Last Week On Back Of Trend Continuation

Managed futures CTAs posted strong gains last week, pushing the hedge fund index higher on the back of higher U.S. equities and a reversal in bond yields on both sides of the Atlantic, a recent Lyxor report noted.

Long term CTAs up on trend continuation, short term CTAs have setbacks

CTAs, up 0.06 percent on the week, and Global Macro funds, up 0.03 percent, also benefited from a rebound in the U.S. dollar relative to the Euro, continuing on the trend extension. CTAs in Lyxor’s study remain down on the year by -2.1 percent. Within the CTA mix, long momentum models benefited in areas where primary trend...