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A Tough Third Quarter Plunges CTAs Into Losing Territory
Many computer-driven funds suffered losses in September and the third quarter.
Commodity trading advisers and other computer-driven hedge fund strategies had a rough September, capping a losing third quarter. As a result, the average CTA is now down for the year. What’s more, many of the larger, more high-profile funds have fared worse than the broad CTA indexes. CTAs lost 1.8 percent
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