Mon, Mar 30, 2015
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. 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. M&A - Hedge funds no longer attractive targets for banks, reinsurers, Blackstone buys stake in Christopher Pucillo’s Solus event-driven hedge fund[more]

    Hedge funds no longer attractive targets for banks, reinsurers From Institutionalinvestor.com: Swiss RE, the world’s second-largest reinsurer, is looking to sell its 15 percent stake in Jersey, Channel Islands–based hedge fund firm Brevan Howard Asset Management. Morgan Stanley reported

  4. Opalesque Radio: Threadneedle expects continuing equity volatility this year[more]

    Benedicte Gravrand, Opalesque Geneva: Investors should expect more volatility, which is signaling a "slow moving" top to the market, KKM Financial’s founder and CEO Jeff Kilburg told CNBC on Monday. And this volatility is going

  5. Hedge funds show strong performance of 2.52% so far in 2015[more]

    Komfie Manalo, Opalesque Asia: The hedge fund industry got off to a strong start in 2015 "completely unmindful" of the poor performance last year, according to data provider Preqin. According to Preqin, following a year which saw the average he

 

banner