Tue, Jun 30, 2015
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. Opalesque Exclusive: New systematic strategy managed alongside research firm outperforms S&P500[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: An emerging CTA manager explains how he runs his strategy, which is based on an index produced by a research firm. Peter Turk is head of

  2. Hedge funds panic over Greece[more]

    Komfie Manalo, Opalesque Asia: Some investors are in panic mode as Greek Prime Minister Alexis Tsipras announced Sunday night that the banks and the stock market would be closed Monday, said

  3. Alternative investment industry could grow to $13.6tln in five years[more]

    Komfie Manalo, Opalesque Asia: Leading auditing and advisory group PwC said that the global alternative investment industry, which includes hedge funds, private equity and real assets, is set to increase to $13.6tln within the next five years. "Be

  4. Qbasis gets $200m-plus investment in 'black swan' hedge fund[more]

    From Reuters.com: A hedge fund that more than doubled clients' money during the 2008 financial crisis has attracted more than $200 million from an investor aiming to cash in on fresh ructions in global markets. Qbasis Invest has secured the investment from Britain's Omada Capital, Florian Wagner, wh

  5. Outlook - Jim Rogers: Turmoil is coming[more]

    From Peakprosperity.com: Two years since his last interview with us, investor Jim Rogers returns and notes that the risks he warned of last time have only gotten worse. In this week's podcast, Jim shares his rational for predicting: increased wealth confiscation by the central planners

 

banner