FX Markets

ODD LOTS

ODD LOTS

Currency managers held their ground in August despite volatile market conditions, according to Parker Global Strategies. The Parker FX Index was down just 0.18 per cent for the month, on a reported basis. On a risk-adjusted basis--net of interest and scaled to 5 per cent volatility--the index was down 0.5 per cent. Systematic strategies continued to outperform discretionary strategies, which highlights the lack of clear trends during the month. On a reported basis, systematic managers were down

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