FX news: Parker index down in January
The Parker FX index, made up of 62 foreign exchange funds, fell 0.30% in January. 26 funds reported a profit, 35 incurred losses and one was flat. The largest profit was 3.59%, the largest loss 4.26%.
Alpha generation looks to have been difficult over the past 12 months: the index is down 0.44% over that period.