March a bad month for Parker FX

- Saima Farooqi
- 04 May 2009

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STAMFORD, CT - The Parker FX Index made a loss of 0.05% in March, with trend followers losing out from a reversal in US and Canadian dollars and the yen.

Of the 60 programmes, 29 reported positive results and 31 incurred losses. On a risk-adjusted basis, the index was down 0.03% in March. The median return for the month was -0.14%, while performance ranged from 7.70% to -4.91%. On a year-to-date basis, the index is up 0.29%.

The Parker systematic index, which tracks managers whose decision

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