Managed futures gained 0.56% in November according to the Barclay CTA Index compiled by BarclayHedge.

Year to date, the Index has lost 1.98%.

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Sol Waksman, founder and president of BarclayHedge, said: "November’s respite from bad economic news drove equity markets higher and provided CTAs with a trend worth following."

All eight Barclay CTA indices enjoyed positive returns in November. The Systematic Traders Index was up 0.70%, Diversified Traders gained 0.63%, Agricultural Traders added 0.40%, Currency Traders gained 0.37%, and Financial & Metals Traders were up 0.27%.
Waksman added: "Positive economic data strengthened the USD as investors anticipated higher interest rates on expectations of Fed tapering. Gold prices, which have been in decline, weakened further."

The Barclay BTOP50 Index, which measures performance of the largest CTAs, gained 1.09% this month. The BTOP50 was down 0.06% at the end of November.

Year to date, Agricultural Traders have gained 3.07%, and Currency Traders are up 1.02%.

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The Diversified Traders Index has lost 3.42% in 2013, and Systematic Traders are down 1.60%.