Thu, Nov 26, 2015
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. Other Voices: Hedge fund marketing and the selling cycle[more]

    By Bruce Frumerman. How long is the selling cycle now? That’s a question my financial communications and sales marketing consulting firm has been asked on a regular basis by hedge fund firm owners and sales people, ever since we opened the doors to our firm in 1987 pre-crash. Wa

  2. People - Solus Alternative Asset Management adds chief strategist from BTIG[more]

    From Daniel Greenhaus joined hedge fund manager Solus Alternative Asset Management as managing director and chief strategist. He will work closely with Chris Bondy, Solus’ chief economist, managing director and executive vice president, said Chris Pucillo, CEO and chief investmen

  3. Opalesque Roundtable: Seeding deal terms can be onerous for hedge funds[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: Executives from fund of funds firms, family offices, a placement agent, a private equity firm, and an accounting firm gathered in Connecticut last month for the

  4. Opalesque Roundtable: Family offices flock to co-investment[more]

    Bailey McCann, Opalesque New York: Co-investments have been a hot topic for pension funds in recent years, as they try to move away from high fees and improve transparency. But now, family offices are more readily getting into the mix and establishing in-house deal teams, according to the delega

  5. More institutional investors invest in CTAs compared to last year despite dissatisfaction with performance[more]

    Benedicte Gravrand, Opalesque Geneva: "Despite a strong start to 2015 for CTAs in Q1, commodity market conditions have made return generation difficult for fund managers over much of the rest of the year to date," says Preqin’s November