Parker index reports bad year for currency funds
NEWS
In December, the Parker FX index returned 0.64%, with 28 of the 69 funds reporting into the index recording a loss. On a risk-adjusted basis, the index was up 0.08%, but down 0.37% for the year.
The Parker Systematic Index, which tracks rules-based managers, returned 0.95% and 0.17% on a risk-adjusted basis. On a year-to-date basis, the index is down 2.05%. The Parker Discretionary Index, which tracks managers whose decisions are judgmental, lost 0.12% and was down 0.35% on a risk-adjusted basis
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