The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site.

All material subject to strictly enforced copyright laws. © 2020 Euromoney, a part of the Euromoney Institutional Investor PLC.
Foreign Exchange

FX news: Parker index for December

Parker FX Index data for December shows that December was a profitable month for the majority of FX funds. The Index showed a 0.45% return for December with 35 out of the 62 firms that reported giving positive results. There was, however, a wide range in fortunes: the best performer returned a stunning 9.80% on the month whereas another fund has the unenviable task of explaining an 8.23% loss to its investors. On a risk-adjusted (un-leveraged) basis the index was up 0.18% on the month.

For whole year 2010 the index was up 2.12% or, risk-adjusted, by a less notable 0.83%.

The Parker Index also breaks down results by systematic (model-driven) and discretionary funds. December was a good month for the black boxes: the systematic index was up 1.10%, while the discretionary index declined 0.21%. Over the whole year, the systematic index was up 2.65% and the discretionary up 1.58% although the risk-adjusted returns reduce to 0.89% and 1.04%

Take out a complimentary trial

Take out a 7 day trial to gain unlimited access to Euromoney.com and Asiamoney.com analysis and receive expertly-curated updates direct to your inbox.

 

Already a user?

Login now

 

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree