ParkerFX loses out in November
The Parker FX Index reported a -0.39% return for November as the risk-aversion based US dollar rally caught out the majority of currency managers.
Of the 69 programmes reporting into the index, 42 made losses, 26 were up and one was flat. On a risk-adjusted basis, the index was down –0.17% in November. The median return for the month was down –0.35%, while the performance ranged from a high of +7.10% to a low of –5.36%. Year to November, the index is up +1.66%.
The discretionary index, which
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