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All Newedge managed futures indices posted negative performance in July

Wednesday, August 13, 2014
Opalesque Industry Update - Newedge, a global leader in multi-asset brokerage and clearing, announces the July performance data for its CTA performance indices.

All managed futures indices calculated by Newedge reported negative performance in July 2014. Despite this the Newedge CTA Index still remains in positive territory for the year to date with a performance of +0.14% YTD, declining -0.91% during the month of July.

Trend followers had a difficult July, bringing the Newedge Trend Index down to -1.06%, increasing the negative performance of the year to -1.76%.

Performance attribution data from the market-based Newedge Trend Indicator shows that the positive performance achieved during the first part of July was offset by losses at the end of the month.

Bonds continued to provide positive returns, gaining +0.13% and bringing the year-to-date performance to +1.79%. In contrast, the positive trend seen in currencies during the month of June reversed in July with a decline of -2.37%, bringing the sector contribution down to -0.39% YTD.

Performance tables

Press release

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