Parker FX bounces back in February
STAMFORD, CT – The Parker FX Index ended four months of losses in February, returning 0.50% as currency managers benefited from shorting European currencies.
Of the 64 managers reporting into the index last month, 43 were up, 20 made losses while one was flat. On a risk-adjusted basis, the index returned 0.20% in February. The median return for the month was 0.39%, while the performance for February ranged from a high of 5.37% to a low of –7.61%. On a year-to-date basis, the index gained 0.14%.
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