Mon, Mar 27, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Strong January for Niederhoffer hedge funds

Thursday, February 07, 2013

Bailey McCann, Opalesque New York:

R. G. Niederhoffer Capital Management, a New York-based CTA is off to a strong start for 2013. According to a January performance estimates obtained by Opalesque, nearly all programs ended the month positively, making up for a rough end to 2012 felt by nearly all CTAs across the board. The Diversified Program reported gains of 8.4%; the Negative Correlation Program was up 4.9%; the Optimal Alpha Program was up 13.0%; the iHedge Program was up 1.9%, and the Trend Hedge Program ended down -0.6%.

The Diversified Program which was started in 1993 has approximately $472m in assets under management and is an offshore Ireland fund. The fund ended December positively as well, up 1.5% but ended 2012 overall down -22.4%.

The Negative Correlation Program started in November 2003, and has approximately $5m in assets under management, it ended december up 1.0% but ended 2012 down -28.5%.

The Optimal Alpha Program started in January 2004, and has approximately $6m in assets under management. The fund ended December positively up 3.4%, but ended 2012 down overall, -13.7%.

The Trend Hedge Program started in June 2006, and has approximately $13m in assets under management. The fund ended December down -0.5% and ended 2012 down overall -13.0%.

The iHedge Program started in August 2011, and has approximately $5m in assets under management. The fund ended December up 1.9% but ended 2012 down overall 10.2%.

Managed futures overall, lo......................

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. Hedge fund liquidations in 2016 surpass 2009 levels, new launches decline[more]

    Benedicte Gravrand, Opalesque Geneva: Even as the hedge fund industry's total assets exceeded the $3tln milestone last year, hedge fund liquidations increased. So much so that 2016 had the highest number of liquidations since 2008, claims the latest HFR Market Microstructure Report, re

  2. Hedge funds find no joy in macro as returns lag Trump rally[more]

    From Gulfnews.com: In 2017, macro hedge funds were expected to shine. So far? Not so much. It's been a far from impressive first two months for funds that trade around macroeconomic events. Discretionary funds rose just 0.3 per cent through February, according to Hedge Fund Research Inc., while the

  3. Strategies - Billionaire investor Marc Lasry shares how he's playing markets right now, Classic models are failing FX hedge funds desperate for return[more]

    Billionaire investor Marc Lasry shares how he's playing markets right now From CNBC.com: Buy on the prospect of deregulation. Sell on the enactment of deregulation. That's the strategy that billionaire investor Marc Lasry is implementing, according to an interview with CNBC in Las Vegas

  4. Opalesque Exclusive: Aberdeen makes the case for the lower mid-market[more]

    Bailey McCann, Opalesque New York: Aberdeen Asset Management has released a new paper focused on lower mid-market private equity. According to the paper, this segment of the private equity market is gaining popularity with private equity investors that are looking for multiple expansion and less

  5. Hedge funds await outcome of French elections, feel pinch on lower oil prices & weak dollar[more]

    Komfie Manalo, Opalesque Asia: Hedge funds felt the pinch of lower oil prices and weak U.S. dollar as the Lyxor Hedge Fund Index was marginally down as of the week ending 14 March, Lyxor Asset Management said in its Weekly Briefing. The Lyxor He