Managed futures struggles during reporting week


By Hannah Walsh

The managed futures sector was the worst performing sector, with a median loss of 1.21%, for the week ending 17 August 2012, according to figures reported to the Absolute UCITS database.

The Absolute UCITS Managed Futures Index was up an impressive 4.85% in July, bringing its year-to-date return to 1.61%.

The difficult weekly performance of the managed futures sector was due, in part, to the performance of the SEB Asset Selection Opportunistic, which was the worst performing fund overall during the week with a loss of 2.69%. The fund, which launched in June 2009, was down