Sat, Oct 1, 2016
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. Opalesque Exclusive: BlackRock taps Artivest for alternative investment platform partnership[more]

    Bailey McCann, Opalesque New York: BlackRock will be working with New York-based Artivest to provide a platform for broader distribution of BlackRock alternatives funds. Artivest is a technology-driven alternative investment platform that also offers brokerage services. BlackRock has approximatel

  2. Eden Rock buys Gottex stake in ERG Asset Management[more]

    Matthias Knab, Opalesque: Eden Rock Group announced the purchase of Gottex’s stake in ERG Asset Management and so the firm is now wholly owned by Eden Rock. The two firms established the joint venture in 2011 to focus on providing cost effective solutions to funds holding illiquid investments, as

  3. "Hedge fund industry needs to shrink"[more]

    Komfie Manalo, Opalesque Asia: Writing for CNBC, Josh Brown, creator of The Reformed Broker blog and financial advisor for Ritholtz We

  4. Strategy - Voyager Management wants to invest in smaller hedge funds[more]

    From Valuewalk.com: Voyager Management, a $475 million fund of funds, is looking to downsize the hedge fund’s in which they invest, looking for smaller funds with assets under management that enable the fund to be nimble. The fund is looking for noncorrelation and will consider long / short equity

  5. Asia - Quant hedge funds are China's hot new export, Europe banks return to Korean brokerage market; target debt, alternative products[more]

    Quant hedge funds are China's hot new export From Bloomberg.com: Add China’s quant shops to the list of hedge funds branching out across Asian markets. Quantitative money managers from the world’s second-largest economy are opening offshore funds at a never-before-seen pace, according to