Thu, Apr 24, 2014
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   |   
Banner
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. …And Finally – Flight attendant has passengers rolling in aisle[more]

    From Orange.co.uk: A video of a US flight attendant turning her safety talk into a comedy routine is proving a huge hit online. More than five million people have watched the clip of Marty Cobb which has her passengers rolling with laughter on a Southwest Airlines flight to Salt Lake City.

  2. Niche Investing – Wealthy investors flock to fine art funds[more]

    From Clickorlando.com: Wealthy investors looking to diversify beyond stocks and bonds are now turning to an unusual money-making vehicle -- the art investment fund. The name says it all: These funds invest in fine art and seek returns by acquiring and selling high-end pieces for profit. Growth

  3. Opalesque Exclusive: Rainwater and Blue Sky - an Australian water fund emerges[more]

    Bailey McCann, Opalesque New York: Financial reporters often tout new funds and investments as uncorrelated investments, but few can say they are uncorrelated to everything but weather. Enter Blue Sky Alternative's water fund which invests in the permanent rights to Australia's water. Sev

  4. University of Michigan allocates $242m to six managers[more]

    From PIonline.com: University of Michigan, Ann Arbor, invested or committed a total of $242 million to one traditional equity manager and five alternative investment funds from its $9 billion endowment. University regents approved the hire of Mittleman Investment Management to run $35 million in act

  5. Performance – Odey flagship hedge fund suffers brutal March as shorts rise, Blackstone first-quarter profit rises 30% on higher fees[more]

    Odey flagship hedge fund suffers brutal March as shorts rise From Valuewalk.com: The tide has turned for the worse for one of Europe’s best performing hedge funds. Crispin Odey’s flagship hedge fund, Odey European has suffered a 4.63% decline for the year after slipping 7.2% in March, ac