Opalesque Industry Update - Newedge, a global leader in multi-asset brokerage and clearing, today announced the January performance for its suite of hedge fund indices. |
The Newedge Short-Term Traders Index (STTI) continued its strong performance, returning 2.43% in January. This marks the tenth time in thirteen months that the Newedge Short-Term Traders Index has delivered a positive monthly return. Conversely, trend-following strategies, as represented by the Newedge Trend Index, continue to face a challenging opportunity set as all ten constituents of the Newedge Trend Index were down in January.