Wed, Feb 10, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Newedge' STTI down 0.34% in March, -0.72% YTD, CTA index up 2.51%, 2.01%YTD

Thursday, April 08, 2010
Opalesque Industry Update – Newedge, a leader in global brokerage, today posted the monthly performance data for its Alternative Edge Short-Term Traders and CTA Indices.

“Overall, CTAs had a strong month in March as indicated by the performance of the Newedge CTA Index. This was mainly due to their long equity market and short fixed income exposure. In contrast, it was not a conducive market environment for most short-term trading strategies,” according to Brian Walls, Director of Investor Research, Newedge Prime Brokerage.

The AlternativeEdge Short-Term Traders Index (STTI) finished the month of March down -0.34 percent (-0.72 percent YTD). The Newedge CTA Index posted a positive return for the month of March up 2.51 percent (2.01 percent YTD).

The STTI’s top performers for the month of March included:

• Revolution Capital Management (Mosaic): est. 11.31 percent
• Conquest Capital Group (Macro): est. 2.67 percent
• Dominion Capital Management (Sapphire): est. 1.74 percent

The Newedge CTA Index top performance for the month of March included:

• Transtrend (Admiralty Fund): est. 7.37 percent
• Millburn Ridgefield (Nestor Partners): est. 6.24 percent
• Altis Partners (GFP Composite): est. 5.03 percent

Newedge Prime Brokerage: Source

The AlternativeEdge Short-Term Traders Index is designed to track the daily performance of a portfolio of short-term, diversified CTAs who have less than a 10-day average holding period, are willing to provide daily returns and are open to new investment. The Newedge CTA Index, which is equally weighted, calculates the daily rate of return for a pool of the largest CTAs that are willing to provide daily returns and are open to new investment.


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. Credit Suisse cherry picks hedge fund ideas[more]

    From FT.com: Credit Suisse Asset Management plans to cherry pick profitable concepts from hedge funds with the launch in Europe of a “best ideas” strategy. The investment arm of the Swiss bank said the strategy will separate it from other funds blighted by “overcrowding problems”. It comes at a time

  2. Investing - Hedge funds bet on risks in U.S. blue-chip debt, Hedge funds bets against bank credit risk paying off, Tiger Global still likes Internet names, gets pointers from Jeter[more]

    Hedge funds bet on risks in U.S. blue-chip debt From WSJ.com: Hedge funds are betting the next bond sector to crack will be the $4.5 trillion market for the safest U.S. corporate debt. New York’s Perry Capital has placed a $1 billion wager against investment-grade bonds issued by 10 comp

  3. Short Selling - Hedge fund manager Kyle Bass is shorting real estate—again, Top US hedge fund has €80m short position in Paddy Power Betfair[more]

    Hedge fund manager Kyle Bass is shorting real estate—again From Fortune.com: He also predicted the mortgage crisis in 2008. Hedge fund manager Kyle Bass, who runs Dallas-based Hayman Capital, tanked the stock of a little-known real estate financier Friday by revealing that he is shorting

  4. Investing - Real estate secondaries sole 'bright spot' in 2015, As hedge funds stumble, one firm prepares to buy illiquid stakes[more]

    Real estate secondaries sole 'bright spot' in 2015 From IPE.com: The secondary market for property was the sole “bright spot” over the course of 2015, as hedge fund secondaries saw deals fall by two-thirds, according to a wide-ranging survey of the market. Setter Capital said 2015 saw th

  5. Opalesque Exclusive: Directors want to be considered trusted partners by new manager[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: A hedge fund director provides her perspective on emerging hedge fund managers. She will happily work with those who have set themselves up for future growth, s