Wed, Sep 17, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Newedge CTA index up 1.45% over April, 4.36% year to date

Thursday, May 16, 2013
Opalesque Industry Update - Eight of Newedge’s 11 hedge fund indices showed positive performance during the month of April.

The Newedge Trend Index increased 3.85% in April, followed by the Newedge CTA Index, which gained 1.45%. The Newedge Trend Index and Newedge CTA Index have risen 7.67% and 4.36%, respectively, for the year.

The Newedge Short-Term Trading Index was up 1.29% in April and 4.86% for 2013.

The Newedge Commodity Index (Trading) had the worst performance during the month and was down -1.38%.

The Newedge Trend Index, which is equally weighted, calculates the daily rate of return for a pool of the largest 10 trend following based CTAs that are willing to provide daily returns and are open to new investment.

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

The Newedge Short-Term Traders Index is designed to track the daily performance of a portfolio of the largest ten 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.

The Newedge Volatility Trading Index 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.

Commenting on the April performance data, Ryan Duncan, Global co-head of Newedge’s Advisory Group for Alternative Investment Solutions, said: “CTA strategies continue to perform well in 2013. Through April, the Newedge CTA Index has produced five consecutive positive months of performance. Trend following strategies, as represented by our Newedge Trend Index, have found success as well, up 7.67% in 2013. After a difficult four year stretch, the Newedge Short-term Traders Index has completed its fourth consecutive positive month of performance. A run of this length has not been realized since 2008.”

Some of the top performing hedge funds during April included:

The Newedge CTA Index:

  • Campbell & Co. (FME Large): est. +7.15 percent
  • Man Investments (AHL Diversified): est. +6.11 percent
  • Graham Capital (K4D-15V): est. +5.03 percent
The Newedge Trend Index:

  • Campbell & Co. (FME Large): est. +7.15 percent
  • Man Investments (AHL Diversified): est. +6.11 percent
  • Graham Capital (K4D-15V): est. +5.03 percent
The Newedge STTI Index:

  • Revolution Capital (Mosaic): est. +7.33 percent
  • R.G. Niederhoffer (Diversified): est. +5.61 percent
  • Boronia Capital (Diversified): est. +3.63 percent

Press release

bc

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. Investing - Big hedge funds show interest in Alibaba, Maglan joins other hedge funds in rush to Argentinian assets[more]

    Big hedge funds show interest in Alibaba From Hereisthecity.com: …Three other major hedge fund investors who have shown interest in the IPO are Dan Loeb of Third Point, David Tepper of Appaloosa Management and Dan Benton of Andor Capital Management. All three were among the roughly 800 p

  2. 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

  3. Investors move capital out of Scotland ahead of referendum[more]

    Benedicte Gravrand, Opalesque Geneva: Ahead of Scotland’s independence referendum on September 18, asset managers, investors and pension savers are moving billions of pounds out of the country,

  4. Indices - Greenwich Global Hedge Fund Index up 1.57% in August (+4.22% YTD), Eurekahedge Hedge Fund Index rebounds in August gaining 1.36% (4.22%), Lyxor Hedge Fund Index was up 0.9% in August (YTD +1.7%)[more]

    Greenwich Global Hedge Fund Index up 1.57% in August (+4.22% YTD) The Greenwich Global Hedge Fund Index ended the month of August up +1.57%. Equity markets were up in August with the MSCI World Index up +2.00%. This was primarily driven by the performance of the S&P 500 which was up +4.

  5. Alpha Strategic buys stake in Premium Point Investments[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: Alpha Strategic plc, a affiliate of