Mon, Dec 29, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Newedge Hedge Fund Indices July Performance

Monday, August 16, 2010
Opalesque Industry Update – Newedge, a global leader in multi-asset brokerage and clearing, today posted the monthly performance data for its suite of Hedge Fund Indices.

Index July 2010YTD
Newedge CTA Index -0.47% 1.24%
Newedge AlternativeEdge Short-Term Traders Index -0.43% 0.40%
Newedge Volatility Trading Index 2.58% -4.94%
Newedge Macro Trading Index -1.04% 0.51%
Newedge Macro Trading Index (Quantitative) -0.47% 1.95%
Newedge Macro Trading Index (Discretionary) -1.32% -.014%
Newedge Commodity Trading Index 1.56% -2.29%
Newedge Commodity Trading Index (Trading) 1.25% -2.79%
Newedge Commodity Trading Index (Equity) 2.83% -.029%
The Newedge CTA Index top performance for the month of July included:

· FX Concepts (GCP): est. +2.23%
· Eagle Trading Systems (Yield): est. +2.17%
· Crabel Capital Management (Multi-Product): est. +1.70%

The STTI’s top performers for the month of July included:

· Dominion Capital Management (Sapphire): est. +4.15%
· Mondiale Asset Management (Trading): est. +2.81%
· Rotella Capital Management (Orion): est. +2.51%

The Newedge CTA Index, which is equally weighted, calculates the daily rate of return for a pool of the largest CTAs that are willing to provide daily returns and are open to new investment.

The Newedge AlternativeEdge Short-Term Traders Index is designed to track the daily performance of a portfolio of short-term, diversified CTAs who have less than a 10-day average holding period, are willing to provide daily returns and are open to new investment.

Newedge VTI is a performance measure for the volatility trading and arbitrage style within the hedge fund universe. It is an equally weighed portfolio of Volatility Trading & Arbitrage funds.

The Newedge CTI includes funds that utilize a variety of investment strategies to profit from price moves in commodity markets. Managers may typically use either (i) a trading orientated approach, typically involving the trading of physical commodity products and/or of commodity derivative instruments in either directional or relative value strategies; Or (ii) Long short equity strategies focused on commodity related stocks.

The Newedge MTI includes global macro managers who typically employ top-down fundamental research to forecast the effect of global macroeconomic and political events on the valuation of financial instruments. These strategies may be either discretionary or systematic, and are frequently focused on a diversified basket of instruments.

Corporate website: Source

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
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. Hong Kong-Shanghai stock link fails to live up to expectation so far[more]

    Komfie Manalo, Opalesque Asia: In a report, Reuters said that demand has been subdued with the bulk of activities coming from short-term speculative investors. Las

  2. North America - Why Steve Cohen, Connecticut hedge fund billionaire, gives so much in New York[more]

    From Insidephilantrophy.com: Billionaire Steve Cohen was born in Great Neck, New York before attending Wharton, working on Wall Street and then founding SAC Capital Advisors in Connecticut. Though his company (Point72) and foundation are based in Connecticut, Cohen and Alexandra are deeply connected

  3. Investing - Soros buys a highly speculative biotech in the third quarter[more]

    From Fool.com: …The Soros Fund bought 25,000 shares of the struggling small-cap biopharma Aegerion Pharmaceuticals in the third quarter. For those of you who haven't heard of this name, suffice to say that this was a surprising buy in light of the company's recent problems and poor outlook going for

  4. CFTC Revokes Registrations of Illinois Resident Aleks A. Kins and Chicago-based AlphaMetrix, LLC[more]

    Matthias Knab, Opalesque: The U.S. Commodity Futures Trading Commission (CFTC) today announced that it has revoked the registration of Aleks A. Kins of Chicago, Illinois, as an Associated Person and the registrations of AlphaMetrix, LLC (AlphaMetrix), a Delaware limited liability company with its

  5. Duff & Phelps acquires asset management consulting firm Kinetic Partners[more]

    Komfie Manalo, Opalesque Asia: Global valuation and corporate finance advisor Duff & Phelps Corporation and asset management consulting firm Kinetic Partners have s