Opalesque Industry Update - Newedge, a global leader in multi-asset brokerage and clearing, today announced the April performance for its suite of hedge fund indices.
Commodity funds, as represented by the Newedge Commodity Trading Index (CTI), performed well in April, finishing the month up 1.17%. Year-to-date, the CTI (and sub-indices) leads the Newedge Index performance with a return of 3.25%.
In addition, trend strategies also exhibited positive performance last month. The Newedge Trend Indicator fared particularly well in April, finishing the month up 3.50%. This is the Indicator’s best monthly return since July of 2012.