Mon, Apr 24, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

CTAs experience continued inflows despite choppy markets - Newedge

Friday, August 10, 2012

Bailey McCann, Opalesque, New York:

CTAs have had a rough ride this year. After a strong start in January, losses in March eliminated any early gains and pushed the strategy into negative territory. New research from Newedge CTA Indices shows that CTAs rebounded in May, only to have the worst month since October 2011, in June. According to the report, the last trading day in June had the worst single day performances for the indices since May 2011, with the Newedge CTA Index losing -1.73%, and the Trend Sub Index losing -3.12%. The Newedge CTA Index finally ended down -0.83% for the first six months.

Other notable findings in the report include, March to 20th April which saw the Newedge CTA Index down 5 weeks running, which is particularly unusual. This has only happened 5 times since index inception in January 2000, and the last time was December 2009. Also during a similar period, "11 week period spanning March, April, and May 2012, the Newedge CTA Trend Sub Index had negative performance in 9 out of 11 weeks. This is also extremely unusual, only having been observed twice before in the index data: Apr/May/Jun 2004, and Mar/Apr/May 2009," the report says.

Despite these broad based fluctuations in the strategy, investor inflows continue according to James Skeggs, Head of Research EMEA – Alternative Investment Solutions Prime Clearing Services, Newedge, "there has been a lot of money coming in, to the top managers but we are also seeing money trickle down to small......................

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. Opalesque Exclusive: Carden Capital bets on volatility[more]

    Bailey McCann, Opalesque New York for New Managers: Machine driven strategies are having a bit of a moment in the hedge fund world right now. Systematic funds have outperformed other strategies at a time when all ey

  2. Sprott AM to sell Canadian diversified fund business to management-led group[more]

    Komfie Manalo, Opalesque Asia: Toronto-based asset management company Sprott Asset Management LP (SAM) has entered into an agreement to sell its Canadian diversified fund business to a management-led group. Under the deal, the new group will have

  3. Investing - These hedge funds (and Madeleine Albright) are betting on a debt crisis, Hedge funds are upping their bets on the death of the traditional retailer, $20bn hedge fund recaps Corizon[more]

    These hedge funds (and Madeleine Albright) are betting on a debt crisis From Yahoo.com: There could be a big debt crisis brewing in places like China, India, Latin America and Africa -- and a growing number of investors are amassing war chests to cash in on the distress. Albright Capital

  4. Universities looking to defend endowments from Republican tax plan[more]

    From PIOnline.com: Some of the richest U.S. colleges are pushing back against scrutiny by Congress over the tax-exempt status of university endowments. Lobbying disclosure forms show almost two dozen schools such as Princeton University, University of Notre Dame and Cornell University are including

  5. Activist News - GAM touts 'tangible results' of turnaround as activist fight hots up, Bill Ackman not done with Herbalife, says his fight could get legs in May, Activist hedge fund CIAM says Euro Disney's buyout offer not fair for minority investors[more]

    GAM touts 'tangible results' of turnaround as activist fight hots up From FNLondon.com: GAM, the Swiss asset manager at the center of an attempted boardroom putsch by activist hedge fund RBR Capital, said its first-quarter results amounted to "tangible" proof that its management's plan f