Currency managers down in April, says Parker FX

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The Parker FX Index of 52 currency programmes reported a loss of 0.59% in April, as the majority of managers reporting into the index took a hit from continuing fiscal and political uncertainty.

The index provider says 30 managers made a loss in April, 21 were up, while one was flat. On a risk-adjusted basis, the index was down -0.25%. The median return for the month was down 0.13%, while the performance ranged from a high of +4.14% to a low of -17.47%.

The Parker Systematic Index, which tracks

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