Sun, Feb 19, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Six of Newedge’s 11 hedge fund indices positive in H1 2013, CTA Index -1.5% in June, +1.03% YTD

Monday, July 22, 2013
Opalesque Industry Update - Six of Newedge’s 11 hedge fund indices reflected positive performances during the first half of 2013.

The Newedge CTA Index closed the first six months of 2013 up 1.03 percent, despite a decline of -1.5 percent in June 2013. The Newedge Trend Index rose 0.76 percent year-to-date as of June 30, whilst being down -2.87 percent for the month. The Newedge Short-Term Traders Index increased 3.75 percent in the first half of 2013, but decreased -1.18 percent in June.

The best performing index through June 30 is the Newedge Commodity Trading Index (Equity), which returned 10.94 percent, having declined -0.92 percent for the month.

“After a solid start to the year, CTA performance broadly dipped in May and June. However, we continue to see a large dispersion of performance amongst the index constituents with some posting positive performance in June,” said Ryan Duncan, global co-head of Newedge’s Advisory Group for Alternative Solutions.

Index

June 2013

H1 2013

 

 

 

Newedge CTA Index

-1.50%

1.03%

Newedge Trend Index

-2.87%

0.76%

Newedge Trend Indicator

-1.72%

-11.72%

Newedge Short-Term Traders Index

-1.18%

3.75%

Newedge Macro Trading Index

-1.03%

1.58%

Newedge Macro Trading Index (Quantitative)

-3.00%

-2.06%

Newedge Macro Trading Index (Discretionary)

0.21%

3.81%

Newedge Commodity Trading Index

-0.90%

-1.54%

Newedge Commodity Trading Index (Trading)

-0.90%

-3.58%

Newedge Commodity Trading Index (Equity)

-0.92%

10.94%

Newedge Volatility Trading Index

0.10%

-3.07%

Some of the top performing hedge funds during June included:

The Newedge CTA Index:

• P/E Investments (FX Aggressive): est. +2.63 percent
• Altis Global Futures Portfolio (Composite): est. +1.68 percent
• Boronia Capital (Diversified): est. +1.19 percent

The Newedge Trend Index:

• Altis Global Futures Portfolio (Composite): est. +1.68 percent
• Aspect Capital (Diversified): est. +0.34 percent
• Transtrend (Enhanced Risk): est. -0.54 percent

The Newedge STTI Index:

• Revolution Capital (Mosaic): est. +6.19 percent
• R.G. Niederhoffer (Diversified): est. +2.00 percent
• Boronia Capital (Diversified): est. +1.19 percent

The Newedge CTA Index, which is equally weighted, calculates the daily rate of return for a pool of the largest 20 CTAs that are willing to provide daily returns and are open to new investment. Both indices are rebalanced and reconstituted annually.

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 Short-Term Traders Index is designed to track the daily performance of a portfolio of the largest 10 short-term, diversified CTAs who have a holding period shorter than 10 days, are willing to provide daily returns and are open to new investment.

The Newedge Commodity Trading Index 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 Trend Indicator is a market based performance indicator designed to have a high correlation to the returns of trend following strategies.

Newedge’s Alternative Investment Solutions Group, part of Newedge’s Prime Clearing Services, is an innovator in providing investors with benchmarking tools that accurately represent key hedge fund strategy styles.

Newedge is the leading prime broker for the CTA market, servicing the largest share of the CTA fund market in the word. Currently, Newedge ranks No. 3 based on the CFTC’s tracking of customer assets on deposit.

*YTD Performances are as of 6/30/2013

Press release

www.newedge.com

Bg

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. With $54bn in assets, Philippines is ready for hedge funds, alternative investment products[more]

    Komfie Manalo, Opalesque Asia: With the country's outstanding fund management industry at $54bn and growing, the Philippine market and its investors are ready to invest in "more sophisticated" asset management products, like hedge funds and alternative investments, said Deanno J. Basas, presi

  2. ...And Finally - Truth in advertising[more]

    From Newsoftheweird.com: Girl Scout Charlotte McCourt, 11, of South Orange, New Jersey, saw her sales zoom recently when she posted "brutally honest" reviews of the Scouts' cookies she was selling -- giving none of them a "10" and labeling some with dour descriptions. She was hoping to sell

  3. Europe - Brexit - Updated legal guide, Euro exchange rates set to tumble as hedge fund's super computer predicts Marine Le Pen will be next French president, Swiss fund market hits all-time high[more]

    Brexit - Updated legal guide From Herbertsmithfreehills.com: When we began analysing in depth the possibility of Britain exiting the EU (Brexit), 18 months prior to the June 2016 referendum, the business consensus was very much that Brexit was a remote prospect that either would never hap

  4. People - Gramercy appoints Bradshaw McKee as managing director of Capital Solutions, Trump taps Cerberus's Feinberg to lead intelligence review[more]

    Gramercy appoints Bradshaw McKee as managing director of Capital Solutions Gramercy Funds Management LLC, a $5.8 billion dedicated emerging markets investment manager, today announced the appointment of Bradshaw McKee to the position of Managing Director, Capital Solutions and Distressed

  5. Hedge fund investor redemptions accelerate through 2016[more]

    Despite hedge funds returning 7.40% over 2016, investors continued to withdraw capital over the year; the industry saw overall net asset outflows totalling $110bn in 2016. Preqin's latest research finds that the rate of redemptions accelerated through the year, from net outflows of $14bn in Q1 to $4