Parker FX bounces back
The index had made a loss of 0.73% in August, falling further from -0.11% the previous month, as the sharp appreciation in the US dollar caught out 60% of managers (FX Week, October 13).
Of the 71 managers that report into the index, 36 were up, while 34 incurred losses and one was flat. On a risk-adjusted basis, the index was up 0.09% in September. The median return for the month was 0.07%, while the performance for September ranged from a high of 10.17% to a low of -7.45%. Year-to-date
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