Wed, Jul 29, 2015
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. Bridgewater turns bearish on China[more]

    Komfie Manalo, Opalesque Asia: The world’s biggest hedge fund Bridgewater Associates and one of the most vocal of China’s potential is now turning its back against the world’s second largest economy as it joins a growing list of high-profile investors who are challenging China’s potentials.

  2. Launches - Ex-Brevan Howard star Rokos builds team for new fund, Former Och-Ziff manager’s firm starts health care hedge fund, Industry veterans launch commodity investment firm Aron Capital Management, Nikko Asset Management launches two UCITS funds, Capital Group plans to debut Asian investor targeted fund[more]

    Ex-Brevan Howard star Rokos builds team for new fund From WSJ.com: Chris Rokos, a former star trader at Brevan Howard Asset Management LLP, has hired an economist from Nomura to join the team he’s assembling for his much anticipated hedge fund launch. Mr. Rokos, whose firm is due to b

  3. Institutions - Pension fund dismisses Texas consultant, Rhode Island pension fund gets 2.2% investment return, far below assumed rate of 7.5%, New Jersey pension investments see a drop-off in returns[more]

    Pension fund dismisses Texas consultant From Sandiegouniontribute.com: The county retirement board on Thursday terminated the Texas consultant who was given the reins of the $10 billion pension fund, and whose investment picks left many employees and retirees feeling taken for a ride.

  4. SWFs - Sovereign wealth funds paid around $14 billion in fees[more]

    From SWFinstitute.org: When it comes to the financial sector, asset management is one of the most profitable industries in the world. The Boston Consulting Group put out a 2014 figure saying there is US$ 74 trillion worth of professionally-managed assets. One of the fastest growing institutional inv

  5. Investing - Carlyle teams with TCW in push for ordinary investors[more]

    From Bloomberg.com: Carlyle Group LP isn’t backing down from its goal of offering alternative strategies to the masses, despite early setbacks. The Washington-based firm is teaming up with TCW Group, which is majority owned by Carlyle funds, to offer three vehicles that give ordinary investors acces

 

banner