Thu, Sep 18, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Swiss CTA Amplitude’s AuM grow as investors add to short-term trading funds

Tuesday, March 11, 2014

amb
Benedicte Gravrand, Opalesque Geneva:

While many CTA managers have suffered in terms of performance and AUM, over the last 15 months Swiss-based Amplitude Capital’s assets under management grew by about 33% to around $1.6bn on the back of a few large tickets from North-American and European pension funds. Those allocators, according to Amplitude, are both adding to the systematic space and moving from long- and medium-term managers towards shorter-term managers as they seek non-correlated performance to protect their general long exposure to equities and bonds.

Short-term trading funds have been doing quite well in the last 14 months or so; last time they did so well was in 2009.

The Newedge CTA Index is down 1.97% YTD (to March 7th) after returning +0.73% in 2013, while the Newedge Short Term Traders Index is up 2.58% YTD after returning +3.53% in 2013.

The Lyxor CTA Short Term Index was up 0.95% in February (+1.33% YTD) while the Lyxor CTA Long Term Index returned 3.40% (-2.20% YTD). According to Lyxor, following a tough month of January, the Long Term CTAs rebounded strongly as they benefitted from their equ......................

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. SEC charges 19 investment firms and one trader for breach of Rule 105[more]

    Benedicte Gravrand, Opalesque Geneva: The Securities and Exchange Commission (SEC) started a push to enhance the enforcement of Rule 105 of Regulation M last year to uncover hedge funds and private equity firms that have illegally participated in an offering of a stock after short selling it duri

  2. Fund managers, bullish on Europe, anticipate monetary policy separation of Fed and ECB[more]

    Komfie Manalo, Opalesque Asia: At least 202 fund managers with $556bn of assets under management said that while the European Central Bank (ECB) has eased its monetary policy that sent sentiments towards Europe to pick up, the Fed is expected to hike its rate in the spring of 2015. Investor

  3. Investors looking at other sources for hedge fund-like returns[more]

    Komfie Manalo, Opalesque Asia: Investors who are always on the lookout for higher gains are looking at alternative sources of income, particularly exchange-traded fund industry that generates hedge fund-like returns, according to

  4. News Briefs - Limited partners of investment managers may be subject to self-employment taxes, Just one week left until NYC's Rocktoberfest[more]

    Limited partners of investment managers may be subject to self-employment taxes On September 5, 2014, the Internal Revenue Service (“IRS”) issued Chief Counsel Advice 201436049, concluding that members of an investment manager were subject to self-employment taxes with respect to their e

  5. Opalesque Exclusive: Old Hill Partners launches specialty finance fund[more]

    Bailey McCann, Opalesque New York: Asset-backed lending is starting to heat up again after a prolonged credit squeeze. The Financial Times reports that a record £18.9bn was borrowed from asset-based lenders in the three months to the end of June. Much of this lending is driven by advanc