Fri, Aug 29, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Newedge CTA Index down 0.97% in September, -2.68% YTD, mixed performance for Newedge Indices overall

Thursday, October 17, 2013
Opalesque Industry Update - The Newedge Macro Trading Index (Quantitative), which represents quantitative macro strategies, rose 2.31% in September 2013, marking the index’s best month since July 2012. In addition, the top YTD performer through September remains the Newedge Commodity Trading Index (Equity), which has returned 16.08% over the nine-month period.

The Newedge CTA, Trend, and Short-Term indices fared poorly in September, finishing down 0.97%, 0.59% and 2.08%, respectively.

Commenting on the September performance data, Ryan Duncan, Global co-head of Newedge’s Advisory Group for Alternative Investment Solutions, said: “September returns of the Newedge Indices were mixed. Performance amongst constituents remains dispersed as well. In 2013, the average pairwise correlation amongst the constituents of the CTA Index is low at 0.30. In addition, top and bottom performing strategies are separated by over 22 percent.”

Index

Sept. 2013

YTD

 

 

 

Newedge CTA Index

-0.97%

-2.68%

Newedge Trend Index

-0.59%

-3.14%

Newedge Trend Indicator

-3.28%

-18.39%

Newedge Short-Term Traders Index

-2.08%

-0.18%

Newedge Macro Trading Index

0.86%

1.47%

Newedge Macro Trading Index (Quantitative)

2.31%

-0.20%

Newedge Macro Trading Index (Discretionary)

-0.42%

1.90%

Newedge Commodity Trading Index

-0.72%

-1.01%

Newedge Commodity Trading Index (Trading)

-1.26%

-3.69%

Newedge Commodity Trading Index (Equity)

2.84%

16.08%

Newedge Volatility Trading Index

0.40%

-2.53%


Some of the top performing hedge funds during September included:

The Newedge CTA Index:

• Graham Capital (K4D-15V): est. +4.14 percent
• Winton Capital (Diversified): est. +3.47 percent
• Ortus Capital (Currency): est. +1.23 percent

The Newedge Trend Index:

• Graham Capital (K4D-15V): est. +4.14 percent
• Winton Capital (Diversified): est. +3.47 percent
• Lynx Bermuda Ltd (D): est. +0.52 percent

The Newedge STTI Index:

• Conquest Capital (Macro): est. +2.80 percent
• Boronia Capital (Diversified): est. +0.59 percent
• Mesirow Financial Absolute Return: est. +0.29 percent

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. Study shows what resonates with investors: 'Unwavering', 'passionate' beats 'committed', 'dedicated' and more surprises[more]

    Komfie Manalo, Opalesque Asia: A new study by Pershing Square, a unit of BNY Mellon company, showed that an effective value proposition strengthens audience connections and fosters growth, yet many advisors have had little objective guidance in formulating such statements until now. In the

  2. Institutions – Texas Employees sets 2015 tactical plan for alternatives, CalPERS' real estate consultant cautions the pension fund's investment committee, Why Sunsuper likes hedge funds[more]

    Texas Employees sets 2015 tactical plan for alternatives From PIOnline.com: Texas Employees Retirement System will invest in up to four new hedge funds in the next fiscal year, which begins Sept. 1. Trustees approved 2015 tactical investment plans for the hedge fund, private equity and in

  3. Hedge fund assets decline in July - eVestment[more]

    Bailey McCann, Opalesque New York: Total assets in hedge funds declined in July and dropped 0.49%, marking the industry's second monthly asset decline in 2014, according to the latest asset flows data from eVestment. Despite the asset decline, total industry AUM remained above the $3 trillion

  4. AIMA makes 'the case for hedge funds'[more]

    Bailey McCann, Opalesque New York: The Alternative Investment Management Association (AIMA), the global hedge fund industry body,

  5. Managed futures' global diversification is important in next phase of economic recovery[more]

    Komfie Manalo, Opalesque Asia: The global diversification provided by managed futures may prove to be extremely valuable as the markets enter the next phase of the economic recovery, said Campbell & Company, a pioneer in absolute return invest