CTAs Slide in September

The strategy, which enjoyed rare capital inflows in August, gave up some of its summer gains last month.

(Simon Dawson/Bloomberg)

(Simon Dawson/Bloomberg)

Commodity trading advisers had a post-summer swoon in September.

After posting two strong months of performance in July and August, the computer-driven strategy — also called managed futures — reported losses mostly ranging between 3 percent and 5 percent last month.

Even so, the strategy, which is generally not correlated to the stock market, maintained solid gains for the year to date.

The

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