Societe Generale said CTA indices were down in August after a strong summer
Commodity trading advisors had a bad
August, according to Societe Generale, reflecting a trading
slowdown that saw the world's top exchanges report lower
volumes last month.
Societe Generale’s flagship
CTA index was down 3.1% in August and the French bank's
short-term strategies index was off 3.41% on the previous
"CTA strategies were one of the better
performing strategies for investors in the first half of the
year, and have enjoyed considerable inflows compared to other
hedge fund strategies. Markets have recently become slightly
more challenging, with CTAs giving back some of the gains made
earlier in the year," said Tom Wrobel, director of alternative
investments consulting at Societe Generale Prime Services.
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