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Eight out of 11 Newedge indices gained over March

Wednesday, April 17, 2013
Opalesque Industry Update - The Newedge Trend Index increased 1.89% in March, followed by the Newedge CTA Index, which gained 1.29%. The Newedge Trend Index and Newedge CTA Index have risen 3.68% and 2.87%, respectively, for the year.

The Newedge Short-Term Trading Index was up 0.80% in March and 3.51% for 2013.

The Newedge Volatility Trading Index had the worst performance during the month and was down -0.81%.

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

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

The Newedge Volatility Trading Index is a performance measure for the volatility trading and arbitrage style within the hedge fund universe. It is an equally weighed portfolio of Volatility Trading & Arbitrage funds.

Newedge reports that some of the top performing hedge funds during March included:

The Newedge CTA Index:

  • Graham Capital (K4D-15V): est. +4.46 percent
  • FX Concepts (Multi-Strategy): est. +3.93 percent
  • Capital Fund Management (Discus): est. +3.62 percent
The Newedge Trend Index:

  • Graham Capital (K4D-15V): est. +4.46 percent
  • Winton Capital (Diversified): est. +2.66 percent
  • Transtrend (Enhanced Risk): est. +2.18 percent
The Newedge STTI Index:

  • Capital Fund Management (Discus): est. +3.62 percent
  • R.G. Niederhoffer (Diversified): est. +3.44 percent
  • Crabel Capital (Multi-Product): est. +1.81 percent

What do you think?

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