Wed, Jun 29, 2016
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. Blackstone buys minority stake in New York-based credit hedge fund Marathon[more]

    Benedicte Gravrand, Opalesque Geneva: Blackstone Strategic Capital Holdings Fund, a vehicle managed by Blackstone Alternative Asset Management (BAAM), has acquired a passive, minority interest in Marathon Asset Management, for an undisclosed sum. Based in New York,

  2. Investing - Soros, Druckenmiller among hedgies profiting in market plunge, Hedge funds were most bullish on bonds since 2004 before Brexit, Surprise Brexit vote unleashes scramble for dollars, High-yield hit on Brexit but no panic selling, Scientist turned hedge fund founder lured to pound, euro, Hedge fund avoids commodities, posts big gains[more]

    Soros, Druckenmiller among hedgies profiting in market plunge From HITC.com: Bullish positions in gold and volatility and well-timed short bets on China and emerging markets, among other areas, were some of the trades that benefited hedge funds on Friday as markets digested Britons' s

  3. Manager Profile - A 26-year old hedge fund manager called Brexit — here's what he thinks about the historic vote[more]

    From Businessinsider.com: Taylor Mann is not your typical fund manager. The twenty-six year old Texas A&M graduate manages Pine Capital in Larue, Texas (population 160), where he resides with his three-year old daughter. Also atypical compared with many of the largest funds out there, Mann makes

  4. Visium hedge fund manager Sanjay Valvani found dead[more]

    Benedicte Gravrand, Opalesque London: A hedge fund manager connected with an insider trading case has apparently committed suicide. Sanjay Valvani, 44, a hedge fund manager at New York-based Visium Asset Management, was found dead in an apparent suicide on 21 June in his Brooklyn residence,

  5. People - Mariner Investment’s co-CIO Williams to leave $5.5bn firm, IOOF hires new alternatives portfolio manager[more]

    Mariner Investment’s co-CIO Williams to leave $5.5bn firm From Bloomberg.com: Basil Williams, co-chief investment officer of Mariner Investment Group, is leaving the $5.5 billion hedge-fund firm after negotiations to renew his contract failed. Williams will stay in his role until t