Sat, Sep 5, 2015
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. Opalesque Exclusive: New Detroit-based CTA seeks to take advantage of coming volatility[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: An emerging manager has just set up his one-man shop in the city of Detroit. Synchronicity Futures,

  2. Opalesque Exclusive: When the SEC calls, fund managers need to get out of their own way[more]

    Bailey McCann, Opalesque New York: New pressure is hitting alternative investment funds from all angles. So far this month both hedge fund and private equity players have seen enforcement actions, and subsequent fines over fees, disclosures, and misleading statements. Citi one of the biggest

  3. Fortress hedge fund manager David Dredge says markets trouble on the way[more]

    From AFR.com: David Dredge of global hedge fund Fortress has built a career studying, predicting and protecting against the world's major financial crises. The recent convulsions in global sharemarkets are "just the beginning" of a painful adjustment as money drains from the emerging market economie

  4. North America - Puerto Rico agency plans talks with hedge fund creditors[more]

    From WSJ.com: Puerto Rico’s Government Development Bank is planning to begin confidential debt-restructuring talks with hedge funds that own its bonds as early as next week, said a person familiar with the matter. The parties are set to discuss a plan under which the investors would lend additional

  5. Launches - BlackRock’s McKenna starts hedge fund with $270m, Ex-BlueBay fund managers Phillips, Fayman to launch hedge fund in 2016, Dallas lawyer, Wall Street-savvy doctor team up to form biotech-focused hedge fund[more]

    BlackRock’s McKenna starts hedge fund with $270m From Bloomberg.com: BlackRock Inc. has started an event-driven hedge fund one year after hiring Harvard Management Co.’s Mark McKenna to run the strategy. Global Event Partners, which seeks to profit from corporate events such as takeovers

 

banner