Fri, Oct 24, 2014
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

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. Commodities - Oil wreaking havoc on small-cap energy stocks sliding 36%[more]

    From Bloomberg.com: Owning almost anything in the U.S. stock market has been a losing proposition since September. Owning smaller energy companies has been a catastrophe. Hercules Offshore Inc. and Resolute Energy Corp. are among 19 oil-and-gas equities in the Russell 2000 Index that lost more than

  2. Investing - Hedge funds favor equity long/short, Strategic bond managers hedge against further high yield sell-off[more]

    Hedge funds favor equity long/short From Securitieslendingtimes.com: Equity long/short strategies will generate good returns for hedge funds in the future, according to a panel at this year’s Risk Management Association Conference on Securities Lending in Naples, Florida. Panellists Sand

  3. Legal - Ex-hedge fund analyst weeps as judge hands down 5 year sentence, Former Columbus investment manager Steven P. Moore indicted on theft charges, SEBI confirms ban for Hong Kong hedge fund, SEC announces enforcement action against compliance officer[more]

    Ex-hedge fund analyst weeps as judge hands down 5 year sentence From Hereisthecity.com: An ex-hedge fund analyst was sentenced to 5 years in prison for his role in insider-trading scheme. The New York Post reports that former hedge fund analyst Matthew Teeple was sentenced Thursday to fiv

  4. Goldman in talks to acquire IndexIQ[more]

    From Bloomberg.com: Can Goldman Sachs put ETF investors on a liquid diet? Goldman is in talks to acquire IndexIQ, Reuters has reported. Index IQ is a small exchange-traded-fund firm known mostly for products that replicate hedge fund strategies, called "liquid alternative" ETFs. While IndexIQ has 11

  5. Other Voices: CALPERS dilemma should be a warning to hedge funds wanting institutional investors[more]

    From Ian Hamilton, founder of IDS Group. A quick comment on the CALPERS’ disinvestment from the hedge fund market and the jitters it is causing. Pension Funds should not be sheep and follow CALPERS’ decision as the issues that CALPERS has with hedge fund investments are in many ways unique t