CTAs: Back in the black, but barely


As volatility in the equity markets declined and currencies and commodities rallied, the Absolute Return CTA Index recouped losses in July and August to finish up 2.63% in September and 2.73% for nine months.

After a tough year for John W. Henry, the JWH Global Analytics program gained 15.28% for the month, its second positive monthly return this year. That puts the program just below water at -0.40% for the year so far. Also enjoying solid performance in September was Chesapeake Diversified Program, which gained 11.44%. That double-digit gain helped the fund claw back earlier losses, though the