Fri, Aug 22, 2014
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. Institutions – Texas Employees sets 2015 tactical plan for alternatives, CalPERS' real estate consultant cautions the pension fund's investment committee, Why Sunsuper likes hedge funds[more]

    Texas Employees sets 2015 tactical plan for alternatives From PIOnline.com: Texas Employees Retirement System will invest in up to four new hedge funds in the next fiscal year, which begins Sept. 1. Trustees approved 2015 tactical investment plans for the hedge fund, private equity and in

  2. Private equity follows hedge funds into reinsurance for long-term capital[more]

    From Artemis.bm: It’s not just hedge funds that are entering the insurance and reinsurance market in search of so-called long-term capital to put to work in their strategies, private equity firms targeting the space are also seeking opportunities to add assets under management. The entry of large pr

  3. North America – New York City’s next hot neighborhoods targeted with property funds[more]

    From Bloomberg.com: New York’s real estate world is filled with tales of ordinary people who bought property decades ago and saw values skyrocket to the millions. Seth Weissman is seeking investors to get in early on the next hot neighborhoods. The veteran of Goldman Sachs Group Inc. and hedge

  4. Investing – George Soros bets $2bn on stock market collapse, Warren Buffett's Berkshire reveals Charter stake, cuts DirecTV, Hedge funds lusting to cash out of MGM, Top hedge fund managers are buying Ally Financial, Hedge funds dumped 5m Herbalife shares in Q2, Paulson & Co hedge fund ups Puerto Rico real estate bet, Netflix Inc., Citigroup Inc, Google Inc are top new picks in Tiger Management’s 13F[more]

    George Soros bets $2bn on stock market collapse From Newsmax.com: Billionaire investor George Soros has increased his financial bet that U.S. stocks will collapse to more than $2 billion. The legendary hedge fund manager has been raising his negative bet on the Standard & Poor's 500 Inde

  5. Investors now net short S&P500 and increased Russell shorts, technicals suggest further selling[more]

    Komfie Manalo, Opalesque Asia: Market Neutral funds increased their market exposure to -1% net short from -6% net short last week, according to Bank of America Merrill Lynch’s Hedge Fund Monitor. The report also added