Thu, Apr 24, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Opalesque Futures Intelligence

Eight of Newedge's 11 hedge fund indices showed positive performance during the month of April.

Wednesday, May 22, 2013

Opalesque News Service

The Newedge Trend Index increased 3.85% in April, followed by the Newedge CTA Index, which gained 1.45%. The Newedge Trend Index and Newedge CTA Index have risen 7.67% and 4.36%, respectively, for the year.

The Newedge Short-Term Trading Index was up 1.29% in April and 4.86% for 2013.

The Newedge Commodity Index (Trading) had the worst performance during the month and was down -1.38%.

The Newedge Trend Index, which is equally weighted, calculates the daily rate of return for a pool of the largest 10 trend following based CTAs that 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 twenty CTAs that are willing to provide daily returns and are open to new investment. Both indices are rebalanced and reconstituted annually.

The Newedge Short-Term Traders Index is designed to track the daily performance of a portfolio of the largest ten 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 Volatility Trading Index is a performance measure for the volatility trading and arbitrage style within the hedge fund universe. It is an equally weighed portfolio of Volatility Trading & Arbitrage funds.

Commenting on the April performance data, Ryan Duncan, Global co-head of Newedge's Advisory Group for Alternative Investment Solutions, said: "CTA strategies continue to perform well in 2013. Through April, the Newedge CTA Index has produced five consecutive positive months of performance. Trend following strategies, as represented by our Newedge Trend Index, have found success as well, up 7.67% in 2013. After a difficult four year stretch, the Newedge Short-term Traders Index has completed its fourth consecutive positive month of performance. A run of this length has not been realized since 2008."

Some of the top performing hedge funds during April included:

The Newedge CTA Index:

  • Campbell & Co. (FME Large): est. +7.15 percent
  • Man Investments (AHL Diversified): est. +6.11 percent
  • Graham Capital (K4D-15V): est. +5.03 percent

The Newedge Trend Index:

  • Campbell & Co. (FME Large): est. +7.15 percent
  • Man Investments (AHL Diversified): est. +6.11 percent
  • Graham Capital (K4D-15V): est. +5.03 percent

The Newedge STTI Index:

  • Revolution Capital (Mosaic): est. +7.33 percent
  • R.G. Niederhoffer (Diversified): est. +5.61 percent
  • Boronia Capital (Diversified): est. +3.63 percent



 
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. …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