Mon, May 2, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Niederhoffer hedge funds report mixed returns in May

Wednesday, June 05, 2013

From Komfie Manalo, Opalesque Asia:

New York-based CTA R. G. Niederhoffer Capital Management reported mixed results in May with only two of its five programs posting positive gains. However, year to date, all R. G. Niederhoffer’s programs are still in the black.

According to May performance estimates obtained by Opalesque, the iHedge Program, with $5m in assets, was up 4.0% during the month (+12.8% YTD) and the Optimal Alpha Program with $8m in assets, was up 1.0% (+41.3% YTD) with an annualized return since 2004 inception at 2.9% in correlation to S&P 500 Index, HFRI Fund of Funds, MSCI AC World Index, and Nikkei 225 which were all flat at 0% during the month and the Index Newedge CTA which returned 0.1% during the period.

The firm’s biggest fund, the Diversified Program with $527m, which fell -0.7% last month (+27.7% YTD) and annualized return of 8.2%, since its 1995 inception ( in correlation to S&P 500 Index -0.2%, HFRI Fund of Funds -0.3%, Newedge CTA +0.2%, MSCI AC World Index -0.3%, and Nikkei 225 Index-0.2%); the Negative Correlation Program with $12m in assets, fell -1.6% (+10.0% YTD) and -3.0% annualized returns since its 2003 inception ( in correlation to S&P 500 Index -0.7%, HFRI Fund of Funds -0.6%, Newedge CTA -0.1%, MSCI AC World Index -0.6%, and Nikkei 225 Index-0.5%); and the Trend Hedge Program with $13m in assets also fell -5.0% in May (+2.5% YTD) with an annualized re......................

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 funds see $14.3bn outflows in Q1, CTAs and multi-strategy lead net inflows[more]

    Komfie Manalo, Opalesque Asia: The hedge fund industry saw net outflows of investor capital in the first quarter of the year, totaling $14.3bn, data from Preqin showed. This continues from the $8.9bn overall net outflows that funds recorded in Q4

  2. Third Point calls Q1 "catastrophic" for hedge funds[more]

    Bailey McCann, Opalesque New York: The first quarter of this year was rocky for hedge funds based on aggregate performance from the industry, but now we are beginning to hear what the managers thought of it as quarterly letters make their way to investors. Dan Loeb, CEO of New York-based $17 bill

  3. Asia - Stabilization of China's capital outflows may hinge on Janet Yellen, Fink says China to do well this year as bubble threat postponed, Chinese hedge fund to invest in India’s infrastructure[more]

    Stabilization of China's capital outflows may hinge on Janet Yellen From Bloomberg.com: Whether China’s recent stabilization of its currency and capital outflows continues -- or downside pressure reignites -- may hinge in large part on Janet Yellen. If the Federal Reserve chair sticks to

  4. …And Finally - After all, judges are human too[more]

    From Newsoftheweird.com: In March, one District of Columbia government administrative law judge was charged with misdemeanor assault on another. Judge Sharon Goodie said she wanted to give Judge Joan Davenport some files, but Davenport, in her office, would not answer the door. Goodie said once the

  5. Comment - Unmasking the men behind Zero Hedge, Wall Street's renegade blog[more]

    From Bloomberg.com: Colin Lokey, also known as "Tyler Durden," is breaking the first rule of Fight Club: You do not talk about Fight Club. He’s also breaking the second rule of Fight Club. (See the first rule.) After more than a year writing for the financial website Zero Hedge under the n