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Managed Futures Bounced Bank From March Losses With April Gain Of 1.33 Percent

Managed futures bounced back from March losses with a 1.33 percent gain in April, according to The Barclay Group. "Traders utilizing systems based approaches did well in April, riding sustained trends in several of the major futures markets," said Sol

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Managed futures bounced back from March losses with a 1.33 percent gain in April, according to The Barclay Group.

“Traders utilizing systems-based approaches did well in April, riding sustained trends in several of the major futures markets,” said Sol Waksman, founder and president of The Barclay Group. “A strong rally in US stock index futures, weakness in the Yen, and continued weakness in the US Dollar against the Euro, Sterling and Canadian Dollar provided more than enough profits to offset losing trades in range-bound markets.”

The Barclay Diversified Traders Index gained 2.15 percent in April; Systematic Traders rose 1.91 percent; Currency Traders gained 1.00 percent; and the Financial and Metals Traders Index was up 1.00 percent.

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