In June Barclay Hedge and CME Group held its second annual Managed Futures Pinnacle Achievement Award ceremony. So far 2013 has been another difficult year in managed futures with the Barclay CTA index in negative territory, -0.60%, at the half way point of the year. We thought it would be a good idea to see how the award winners and nominees have performed.
Of the winners seven of 13 were in positive territory. Overall performance was mixed but this group seemed to do better than the industry generally. Winners and losers were equally split (not including multiple programs) but the gains generally outpaced the losses.
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