Futures managers posted meager positive returns in June, 0.8% on...

Futures managers posted meager positive returns in June, 0.8% on average, according to preliminary results for Managed Account Reports' trading adviser index. Managers that use longer-term trading systems were caught in market reversals that were triggered by government actions to support the Japanese yen, said Lois Peltz, the managing editor of MAR, in a statement. The positive returns in June bumped managers into positive territory for the year. Year-to-date returns averaged 0.4%.