Fri, Jul 31, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Opalesque Futures Intelligence

Top Ten These first-quarter winners include a China-based CTA.

Thursday, May 27, 2010

>First Quarter Winners

These were the top managed futures programs as of the end of March, among all styles and all asset sizes. The information is from the database of Attain Capital, which calculates not only the common Sharpe ratio but also the Sterling ratio (returns divided by risk as measured by drawdown).

Since drawdowns tend to be a major concern for investors, a measure that incorporates them is advantageous. In addition to year-to-rate returns as of March, the table below shows Sterling ratios since inception. There is wide variation in the Sterling ratios, but to some extent this can reflect the length of the track record.

Another notable feature of the ranking is its global reach. Splendor Capital Management Ltd., for instance, is a CTA based in Shenzhen, China.

YTD Return

Sterling

Since

Level III Management

41.14%

0.94

08/07

Spectrum Trading

Advisors, Inc.

37.36%

7.49

12/09

Stealth Capital Pty Ltd

Index Fund

29.16%

8.11

11/09

CKP Finance Associates

AG

26.62%

20.70

01/09

Texel Capital Management

Macro

22.92%

1.12

05/07

Insignia Futures and

Options Medallion

21.28%

1.96

02/09

Junzi Capital Engineering,

LLC

Tang Gamma Opportunity

20.95%

6.39

08/09

AgTech Trading Company

20.70%

0.38

04/82

Splendor Capital

Management

Ltd.Credence Oriental

Partnership

17.71%

2.89

05/09

MQ Capital Investment

Advisors, LP

15.65%

7.55

12/09



 
This article was published in Opalesque Futures Intelligence.
Opalesque Futures Intelligence
Opalesque Futures Intelligence
Opalesque Futures Intelligence
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: Despite bumpy June/July, CTAs hold on[more]

    Bailey McCann, Opalesque New York: To say that things have been rocky in managed futures recently is putting it mildly. In June, the industry saw its worst month on a performance basis in the past four years. Then yesterday,

  2. Investing - Hedge funds, seeing opportunity, invest in struggling hotels in Puerto Rico[more]

    From NYTimes.com: Puerto Rico’s tourism industry has fallen victim to the island’s struggling economy, hit by one misfortune after another. In March, the San Juan Beach Hotel filed for bankruptcy. This week, the Condado Plaza Hilton was forced to close its casino. But nearly two thousand miles away,

  3. Investing - Hedge fund billionaires bet on London as revival gathers pace[more]

    From Bloomberg.com: London’s fund industry is bouncing back, and U.S. billionaires Steven A. Cohen and Ken Griffin are grabbing a piece of the action. Griffin’s Citadel and Millennium Management, a hedge fund run by Israel Englander, have bulked up in London, where asset growth is outpacing the U.S.

  4. Bridgewater turns bearish on China[more]

    Komfie Manalo, Opalesque Asia: The world’s biggest hedge fund Bridgewater Associates and one of the most vocal of China’s potential is now turning its back against the world’s second largest economy as it joins a growing list of high-profile investors who are challenging China’s potentials.

  5. Opalesque Roundup: Hedge fund assets rose to 11th consecutive quarterly record level: hedge fund news, week 31[more]

    In the week ending 24 July, 2015, the total global hedge fund industry assets rose to the 11th consecutive quarterly record level in 2Q15 to $2.97tln; Eurekahedge reported that hedge funds raised $93bn in the first six months of 2015; The SS&C GlobeOp Forward Redemption Indicator for July 201

banner