Tue, Jan 24, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Six of Newedge’s 11 hedge fund indices positive in H1 2013, CTA Index -1.5% in June, +1.03% YTD

Monday, July 22, 2013
Opalesque Industry Update - Six of Newedge’s 11 hedge fund indices reflected positive performances during the first half of 2013.

The Newedge CTA Index closed the first six months of 2013 up 1.03 percent, despite a decline of -1.5 percent in June 2013. The Newedge Trend Index rose 0.76 percent year-to-date as of June 30, whilst being down -2.87 percent for the month. The Newedge Short-Term Traders Index increased 3.75 percent in the first half of 2013, but decreased -1.18 percent in June.

The best performing index through June 30 is the Newedge Commodity Trading Index (Equity), which returned 10.94 percent, having declined -0.92 percent for the month.

“After a solid start to the year, CTA performance broadly dipped in May and June. However, we continue to see a large dispersion of performance amongst the index constituents with some posting positive performance in June,” said Ryan Duncan, global co-head of Newedge’s Advisory Group for Alternative Solutions.

Index

June 2013

H1 2013

 

 

 

Newedge CTA Index

-1.50%

1.03%

Newedge Trend Index

-2.87%

0.76%

Newedge Trend Indicator

-1.72%

-11.72%

Newedge Short-Term Traders Index

-1.18%

3.75%

Newedge Macro Trading Index

-1.03%

1.58%

Newedge Macro Trading Index (Quantitative)

-3.00%

-2.06%

Newedge Macro Trading Index (Discretionary)

0.21%

3.81%

Newedge Commodity Trading Index

-0.90%

-1.54%

Newedge Commodity Trading Index (Trading)

-0.90%

-3.58%

Newedge Commodity Trading Index (Equity)

-0.92%

10.94%

Newedge Volatility Trading Index

0.10%

-3.07%

Some of the top performing hedge funds during June included:

The Newedge CTA Index:

• P/E Investments (FX Aggressive): est. +2.63 percent
• Altis Global Futures Portfolio (Composite): est. +1.68 percent
• Boronia Capital (Diversified): est. +1.19 percent

The Newedge Trend Index:

• Altis Global Futures Portfolio (Composite): est. +1.68 percent
• Aspect Capital (Diversified): est. +0.34 percent
• Transtrend (Enhanced Risk): est. -0.54 percent

The Newedge STTI Index:

• Revolution Capital (Mosaic): est. +6.19 percent
• R.G. Niederhoffer (Diversified): est. +2.00 percent
• Boronia Capital (Diversified): est. +1.19 percent

The Newedge CTA Index, which is equally weighted, calculates the daily rate of return for a pool of the largest 20 CTAs that are willing to provide daily returns and are open to new investment. Both indices are rebalanced and reconstituted annually.

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 Short-Term Traders Index is designed to track the daily performance of a portfolio of the largest 10 short-term, diversified CTAs who have a holding period shorter than 10 days, are willing to provide daily returns and are open to new investment.

The Newedge Commodity Trading Index includes funds that utilize a variety of investment strategies to profit from price moves in commodity markets. Managers may typically use either (i) a trading orientated approach, typically involving the trading of physical commodity products and/or of commodity derivative instruments in either directional or relative value strategies; or (ii) Long short equity strategies focused on commodity related stocks.

The Newedge Trend Indicator is a market based performance indicator designed to have a high correlation to the returns of trend following strategies.

Newedge’s Alternative Investment Solutions Group, part of Newedge’s Prime Clearing Services, is an innovator in providing investors with benchmarking tools that accurately represent key hedge fund strategy styles.

Newedge is the leading prime broker for the CTA market, servicing the largest share of the CTA fund market in the word. Currently, Newedge ranks No. 3 based on the CFTC’s tracking of customer assets on deposit.

*YTD Performances are as of 6/30/2013

Press release

www.newedge.com

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. Investing - This hedge fund made 37% betting on banks in 2016 and remains bullish after the Trump rally, Hedge fund legend David Einhorn is making a big bet on GM, After impressive 85% return in 2016, hedge fund looks to Canadian gold producer, small banks[more]

    This hedge fund made 37% betting on banks in 2016 and remains bullish after the Trump rally From Forbes.com: Can bank stocks continue to rise after a 28% surge in the KBW Bank Index in 2016, fueled by a post-election rally as stock pickers returned to the beaten down sector? Forget the s

  2. SWFs - China sovereign wealth fund CIC plans more U.S. investments[more]

    From Reuters.com: China Investment Corporation (CIC), the country's sovereign wealth fund, is looking to raise alternative investments in the United States due to low returns in public markets, its chairman said on Monday. CIC will boost its investments in private equity and hedge funds as wel

  3. Some hedge funds strong start in 2017 nice contrast to 2016[more]

    With the 2016 HSBC Hedge Weekly performance rankings in the books - a year in which the same leader-board entries pretty much dominated unchallenged throughout the year - comes a new leader board that is a hard-scrabble mix of hedge fund styles and categories. What is clear after but a few short wee

  4. Macro hedge funds and CTAs outperform in December on strong dollar[more]

    Komfie Manalo, Opalesque Asia: The last month of 2016 saw risk assets climbing higher, as part of expectations that the new U.S. administration will remove barriers to growth and investment, Lyxor Asset Management said. December also saw the Fed hik

  5. Opalesque Exclusive: Roxbury credit events UCITS gathers more assets[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: The Roxbury Credit Events Fund, launched in September 2015, was up 4.24% in 2016, having returned seven positive months during the year. The managers raised