JWH claws back loss


Managed futures strategies continued to suffer from the effects of choppy, trendless markets and the lack of volatility that has also plagued other strategies. For trend-dependent CTAs, the lack of trends has exacted a severe toll. But after suffering huge losses in previous months, the volatile JWH Strategic Allocation Program managed to nab a huge one-month return of 10.39% for September, bringing its year-to-date loss down to 13.03%. The Grossman Currency Fund, Ltd. lost 0.66% in September, bringing its year-to-date loss to 7.26%. The Catequil Offshore Fund appeared to have fared better than its peers, returning an estimated