Mon, Mar 30, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Newedge CTA Index down 0.97% in September, -2.68% YTD, mixed performance for Newedge Indices overall

Thursday, October 17, 2013
Opalesque Industry Update - The Newedge Macro Trading Index (Quantitative), which represents quantitative macro strategies, rose 2.31% in September 2013, marking the index’s best month since July 2012. In addition, the top YTD performer through September remains the Newedge Commodity Trading Index (Equity), which has returned 16.08% over the nine-month period.

The Newedge CTA, Trend, and Short-Term indices fared poorly in September, finishing down 0.97%, 0.59% and 2.08%, respectively.

Commenting on the September performance data, Ryan Duncan, Global co-head of Newedge’s Advisory Group for Alternative Investment Solutions, said: “September returns of the Newedge Indices were mixed. Performance amongst constituents remains dispersed as well. In 2013, the average pairwise correlation amongst the constituents of the CTA Index is low at 0.30. In addition, top and bottom performing strategies are separated by over 22 percent.”

Index

Sept. 2013

YTD

 

 

 

Newedge CTA Index

-0.97%

-2.68%

Newedge Trend Index

-0.59%

-3.14%

Newedge Trend Indicator

-3.28%

-18.39%

Newedge Short-Term Traders Index

-2.08%

-0.18%

Newedge Macro Trading Index

0.86%

1.47%

Newedge Macro Trading Index (Quantitative)

2.31%

-0.20%

Newedge Macro Trading Index (Discretionary)

-0.42%

1.90%

Newedge Commodity Trading Index

-0.72%

-1.01%

Newedge Commodity Trading Index (Trading)

-1.26%

-3.69%

Newedge Commodity Trading Index (Equity)

2.84%

16.08%

Newedge Volatility Trading Index

0.40%

-2.53%


Some of the top performing hedge funds during September included:

The Newedge CTA Index:

• Graham Capital (K4D-15V): est. +4.14 percent
• Winton Capital (Diversified): est. +3.47 percent
• Ortus Capital (Currency): est. +1.23 percent

The Newedge Trend Index:

• Graham Capital (K4D-15V): est. +4.14 percent
• Winton Capital (Diversified): est. +3.47 percent
• Lynx Bermuda Ltd (D): est. +0.52 percent

The Newedge STTI Index:

• Conquest Capital (Macro): est. +2.80 percent
• Boronia Capital (Diversified): est. +0.59 percent
• Mesirow Financial Absolute Return: est. +0.29 percent

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. Other Voices: Does the hedge fund industry benefit society?[more]

    This article was authored by Don Steinbrugge, Chairman of Agecroft Partners, a US-based global consulting and third party marketing firm for hedge funds. It is no secret that the hedge fund industry is viewed negatively by a la

  2. Private credit comes into focus for investors[more]

    Bailey McCann, Opalesque New York: As investors look for a way out of the low yield/no yield environment, private credit is becoming an increasingly attractive asset class, according to a white paper from Bayshore Capital Advisors. Private credit has grown steadily since the financial crisis as

  3. Other Voices: The role of diversification in CTA portfolios[more]

    2014 brought a resurgence of managed futures strategies, or CTAs, which performed very well as a whole, outperforming all other hedge fund strategies. However, a closer look reveals that there was a wide range of performance, or return dispersion, across managers. The bottom line? Not all CTAs

  4. Neuberger Berman unit buys 20% stake in activist hedge fund Jana Partners for $2bn[more]

    Komfie Manalo, Opalesque Asia: Neuberger Berman’s unit Dyal Capital Partners bought a 20% stake in activist hedge fund firm Jana Partners worth $2bn, WSJ.com reports. The deal comes as activi

  5. Hedge fund launches fall again, $1bn funds found to outperform even smaller hedge funds[more]

    Komfie Manalo, Opalesque Asia: The number of new hedge fund launches fell again in 2014, the third consecutive year of decline, while fund liquidations saw their first drop since 2010, according to the latest HFR Market Microstructure Industry Report released by industry data provider HFR. Acc

 

banner