Sat, May 23, 2015
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. Comment - Top hedge fund managers talk about how easy their jobs have gotten, BlackRock to Schroders warn of Argentina’s $20bn bond glut, The 35-year “investment supercycle” is drawing to a close, says Bill Gross, Gundlach: When the Fed starts hiking rates, 'GET OUT' of this asset class[more]

    Top hedge fund managers talk about how easy their jobs have gotten From Businessinsider.com.au: Time was, before the financial crisis hit, corporate boards treated multi-billion dollar hedge fund managers like Jehovah’s Witnesses pounding on their doors and flashing bibles. But no more.

  2. T Rowe's challenge to Dell deal may fuel critics of 'appraisal'[more]

    From Reuters.com: An increasingly popular tactic used by hedge funds and others to extract more money from buyouts could soon face a major courtroom test when a big investor in Dell Inc may argue that it should be paid a higher price for the 2013 acquisition of the PC maker. The strategy, known as "

  3. News Briefs - Ergen says LightSquared plan unfairly favors hedge funds, Why hedge fund managers make good advisory clients, I learned a lot about dad-bros after spending 4 days in Vegas with 2,000 hedge funders[more]

    Ergen says LightSquared plan unfairly favors hedge funds LightSquared Inc.’s bankruptcy plan gives hedge funds that invested in the broadband company a leg up while blocking telecommunications firms from competing with it, a fund owned by Dish Network Corp. Chairman Charles Ergen said in

  4. Opalesque Exclusive: SEC approves proposed changes to Form ADV, '40 Act - comment period to follow[more]

    Bailey McCann, Opalesque New York: Hedge funds and providers of liquid alternatives will want to pay close attention to proposed reforms approved by the SEC yesterday. The changes will require more frequent reporting, as well as a closer look into social media, liquid alternative strategies, and

  5. New market regime has created more dispersion between managers[more]

    Komfie Manalo, Opalesque Asia: The month of April has marked the transition toward a new market regime, Philippe Ferreira, Lyxor AM’s head of research, managed account platform, commented in the May 5's Weekly Briefing. "The first quart

 

banner