Decline continues on Parker FX
Of the 70 managers that report into the index, 42 made a loss while 28 were up. On a risk-adjusted basis, the index was down 0.35% in August while the median return for the month was -0.77%. The performance ranged from a high of +16.55% to a low of -16.27%. Year-to-date performance of the index is up 1.58%.
The dollar gained 5.67% against a basket of G-6 currencies, primarily resulting from a 6.95% fall in crude oil prices that month, and a total of 17.53% since the end of June. This precipitous
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