Thu, Apr 2, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

New York CTA R.G.Niederhoffer posts strong gains in August, announces new launch and asset base of $943m

Friday, September 24, 2010

From Precy Dumlao, Opalesque Asia:

New York-based commodity trading advisor R. G. Niederhoffer Capital Management reported positive gains on three of its four programs in August and announced its assets under management (AuM) have climbed to $943m.

Niederhoffer CEO Roy G. Niederhoffer disclosed in a letter to investors that the firm's flagship Diversified Program gained 7.6% in last month (+4.5% YTD) and was set to end August with $635m in AuM.

In September 2009, the Newedge CTA Index reported that R.G. Niederhoffer's Diversified Program was one of its best performers on the firm's Short-Term Traders Index (STTI) after the Program gained 3.14% during the month.

Another Niederhoffer fund, the Negative Correlation Program outperformed the Diversified Program in August, posting 8.6% returns (+6.7% YTD) while the S&P fell 4.7% during the same period. Negative Correlation is designed to provide "positive-carry" downside protection for equity and hedge fund portfolios, and is meant to serve as a substitute for a traditional short-seller or a put-buying strategy.

Niederhoffer commented on the particular program, "It has been consistently profitable during equity declines, with positive performance in 90% of down months for the S&P 500 since its incept......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Other Voices: Does the hedge fund industry benefit society?[more]

    This article was authored by Don Steinbrugge, Chairman of Agecroft Partners, a US-based global consulting and third party marketing firm for hedge funds. It is no secret that the hedge fund industry is viewed negatively by a la

  2. Opalesque Roundtable: Emerging managers should avoid chasing 'institutional unicorns'[more]

    Bailey McCann, Opalesque New York: For managers looking to raise a new fund after the crisis, marketing efforts will need to be significantly different, according to delegates at the recent Opalesque Texas Roundtable. "Most of the smaller managers come to the whole fund-raising and marketing

  3. Cohen's private investments deliver strong 7.5% gain in Q1[more]

    From Reuters.com: Billionaire Steven A. Cohen's investments gained 7.5 percent in the first three months of 2015, according to a person familiar with the numbers, helping the former hedge fund manager extend his string of market-beating returns. Cohen's Point72 Asset Management, which invests

  4. Hedge fund launches fall again, $1bn funds found to outperform even smaller hedge funds[more]

    Komfie Manalo, Opalesque Asia: The number of new hedge fund launches fell again in 2014, the third consecutive year of decline, while fund liquidations saw their first drop since 2010, according to the latest HFR Market Microstructure Industry Report released by industry data provider HFR. Acc

  5. Opalesque Exclusive: Cyber security and hedge funds: increased awareness, Part One[more]

    Benedicte Gravrand, Opalesque Geneva: If you look at the recent cybersecurity news from Bloomberg, hackers are frightening the people: they steal photos and threaten to expose them, they can break into ATMs, they ha

 

banner