Reversal of fortunes for Parker FX

Of the 81 reporting managers, 62 were up while 19 suffered losses, marking a reversal in fortunes from August’s turbulent markets, where managers got whipsawed by sharp yen moves (FX Week, October 8). On a risk-adjusted basis, the index was up 0.42% in September. The median return for the month was 1.41%, while performance ranged from a high of 14.75% to a low of -9.40%.

The Parker systematic index, which tracks managers using rule-based strategies, fared better over the month than the Parker